Results 41 to 50 of about 55,381 (305)
Austerity and fiscal prudence are health issues [PDF]
Canadian Medical Association Journal, 2015 The world has been transfixed by the latest installment in the Greek financial crisis. This summer, deadlines came and went, offers of debt relief were made and rejected, and a tentative agreement was finally reached between Greece and its creditors.
Diane, Kelsall, Carsten, Hennings
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FISCAL AUSTERITY MEASURES: SPENDING CUTS VS. TAX INCREASES [PDF]
Macroeconomic Dynamics, 2013 We formulate an overlapping-generations model with household heterogeneity and productive and nonproductive government programs to study the macroeconomic and intergenerational welfare effects of risk premium shocks and government debt reductions.
Glomm, Gerhard +2 more
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PLoS Medicine, 2018 BackgroundSince 2015, a major economic crisis in Brazil has led to increasing poverty and the implementation of long-term fiscal austerity measures that will substantially reduce expenditure on social welfare programmes as a percentage of the country's ...
Davide Rasella +5 more
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The potential growth impact of fiscal consolidations
Economic Journal of Emerging Markets, 2021 Purpose - This paper aims at analyzing the feasibility of fiscal consolidation implementation in the case of Indonesia. The main question to be investigated is whether fiscal consolidation will deteriorate economic growth or not.
Haryo Kuncoro
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The governance of public bodies in times of austerity [PDF]
, 2018 Private sector governance arrangements have been imported into UK public bodies under the influence of New Public Management reforms. This paper draws on a cohort study of 14 public bodies to assess the appropriateness of this practice and the impact of ...
Heald, David, Steel, David
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Intereconomics, 2020 Although austerity was particularly strong in the aftermath of the economic crisis of 2008 and its consequences in the euro area, Italian fiscal policies have been characterised by tough consolidation periods ever since the 1990s.
Franz J. Prante +2 more
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Fiscal Austerity, Unemployment and Family Firms [PDF]
SSRN Electronic Journal, 2015 I calculate unemployment multipliers of fiscal consolidation policies in a standard, closed-economy New Keynesian framework with search and matching frictions, and, as an innovation, in the presence of sectoral heterogeneity. Family and non-family firms behave differently in the labor market and are differently managed.
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Signalling creditworthiness with fiscal austerity
European Economic Review, 2022 Sovereign borrowers may tighten their fiscal stance in order to signal their creditworthiness to lenders. In a model of sovereign debt with incomplete information, I show that a trustworthy country may reduce its debt beyond the optimal level in order to separate itself from less reliable countries.
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Austerity, fiscal volatility, and economic growth [PDF]
SSRN Electronic Journal, 2014 This paper contributes to the ongoing debate on the relationship between austerity measures and economic growth. We propose a general equilibrium model where (i) agents have recursive preferences; (ii) economic growth is endogenously driven by investments in R&D; (iii) the government is committed to a zero-deficit policy and finances public ...
Curatola, Giuliano Antonio +3 more
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Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie, 2017 According to a familiar two-country Mundell-Fleming framework, the policy of fiscal austerity in Germany should be restrictionary for other European countries with a floating exchange rate, while there is a possibility of an expansionary effect for ...
Viktor Shevchuk, Roman Kopych
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