Results 11 to 20 of about 149,365 (286)
Fiscal consolidation and income inequality [PDF]
, 2011 In this paper, we assess the impact of fiscal consolidation on income inequality. Using a panel of 18 industrialized countries from 1970 to 2010, we find that income inequality significantly rises both during periods of fiscal consolidation and in the aftermath of such adjustments.
Luca Agnello, Ricardo M. Sousa
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Measuring the success of fiscal consolidations [PDF]
Applied Financial Economics, 2012 We measure the success of fiscal consolidation, with alternative definitions, based on ad-hoc quantitative approaches and on a policy-action approach. The cyclically adjusted primary balance, and the duration of the consolidation contribute for its success, and the opposite applies for revenue-based consolidations.
António Afonso, João Tovar-Valles
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Cogent Economics & Finance, 2023 This paper investigates the threshold impact of government debt on economic growth in the presence of fiscal consolidation in South Africa from 1979 to 2022. The autoregressive threshold regime (TAR) model and two-stage least squares (2SLS) are used. The
Eugene M. Buthelezi, Phocenah Nyatanga
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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. Methods -
Haryo Kuncoro
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PUBLIC DEBT SUSTAINABILITY ANALYSIS: EU CASE [PDF]
Annals of the University of Oradea: Economic Science, 2011 The global crisis has caused a serious fiscal deterioration that leaves the world economy with serious challenges. In many developed markets as well as in a few emerging markets (Emerging markets) public finances have already become, or are at least at ...
Botoc Claudiu +2 more
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Fiscal consolidation in the EU-28: Multiyear versus cold-shower episodes [PDF]
Economic Horizons, 2020 In the aftermath of the global recession, the need for fiscal consolidation in order to reduce budget deficits and the public debt has intensified, but with the aim to make the measures applied not affect the further slowdown of the economic activity in ...
Olgica Glavaski, Emilija Beker Pucar
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Notas Económicas, 2020 Fiscal multipliers depend on several structural characteristics of each economy. In this study it is argued that labor income tax progressivity lowers the fiscal multipliers of fiscal consolidation programs.
Mariana Santos
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Equitable fiscal consolidations [PDF]
Economic Modelling, 2017 Abstract Empirical research has uncovered an equity-efficiency trade-off in alternative fiscal consolidation strategies. Spending-based adjustments are associated with more limited output losses but greater inequality than tax-based adjustments. Moreover, spending-based adjustments are less likely to be reversed, but an increase in inequality reduces
Ferrara, Maria, Tirelli, Patrizio
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Global Fiscal Consolidation [PDF]
SSRN Electronic Journal, 2011 The buildup in government debt in response to the “great recession,” has raised a number of policy dilemmas for individual countries as well as the world as a whole. The recent need for a change of fiscal policy stance has fuelled debates about the impact of fiscal consolidation on domestic economies that are tightening, the flow-on effects to the ...
Stoeckel, Andrew, McKibbin, Warwick
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Fiscal Consolidation Start and its Determinants Analysis Within European Member Countries [PDF]
Montenegrin Journal of Economics, 2017 Purpose: The purpose of the research from the theoretical point of view is to define the "start of fiscal consolidation" and to clarify the effects of selected determinants on its initiation.
Lucia Mihóková
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