Results 21 to 30 of about 231,564 (312)
Assessing the short-and long-run relationships between fiscal deficit and economic growth in Morocco [PDF]
Public and Municipal FinanceType of the article: Research Article AbstractThis paper aims to investigate the short- and long-term relationships between fiscal deficit and economic growth in Morocco over the period 1985–2024.
Mohammed Hennach, Abdellah Echaoui
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Fiscal Deficits and Currency Crises [PDF]
SSRN Electronic Journal, 2003 This paper investigates currency and financial crises in an optimizing general equilibrium model. It is shown that a rise in current and expected future budget deficits generates a real exchange rate appreciation and a decumulation of external assets, leading up to a currency crisis when foreign reserves approximate a critical level.
Giancarlo Marini, Giovanni Piersanti
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The asymmetric effect of fiscal deficits on macroeconomic stability in Nigeria: evidence from nonlinear autoregressive distributed lag (NARDL) [PDF]
International Trade, Politics and DevelopmentPurpose – The paper examines the asymmetric effects of fiscal deficits on selected macroeconomic variables in Nigeria, which include economic growth, exchange rates and inflation. The existing works of literature are premised on symmetry assumptions with
Adebayo Adedokun +2 more
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Economic, political and institutional determinants of fiscal deficit [PDF]
Zbornik Radova: Pravni Fakultet u Novom Sadu, 2017 This paper seeks basic economic and political causes of instability and rising fiscal deficit. Economic factors that may cause the appearance and increase in the fiscal deficit are: growth of current public spending, launching public investments, tax ...
Vuković Marija R.
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Determinants of Budget Deficit in Nigeria
Journal of International Business, Economics and Entrepreneurship, 2021 This paper investigates the factors governing the determination of budget deficit in Nigeria from 1981q1 through 2016q4. Our methodology is based on Johansen cointegration and Vector Error Correction model (VECM) approach.
Maimuna M. Shehu, Ibrahim M. Adamu
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THE IMPACT OF GEOPOLITICAL CRISES ON FISCAL AND BUDGETARY STABILITY [PDF]
Financial StudiesThis study explores the relationship between geopolitical risk and fiscal-budgetary stability of countries, focusing on how external instability impacts the dynamics of the budget deficit.
Maria-Teodora PAPAINOG
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Commitment, Deficit Ceiling, and Fiscal Privilege [PDF]
FinanzArchiv, 2014 This study analyzes how commitment to a deficit ceiling can affect private agents political efforts, as well as overall welfare, in a hard- and a soft-budget regime, using a two-period model simulating a present and a future generation and a government. In the hard-budget regime, the government imposes the deficit ceiling before the present generations
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Expansionary Fiscal Shocks and the Trade Deficit [PDF]
SSRN Electronic Journal, 2005 In this paper, we use an open economy DGE model (SIGMA) to assess the quantitative effects of fiscal shocks on the trade balance in the United States. We examine the effects of two alternative fiscal shocks: a rise in government consumption, and a reduction in the labor income tax rate.
Christopher J. Erceg +2 more
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Political business cycle and fiscal discipline in Sub-Saharan Africa
European Journal of Government and Economics, 2021 We tested the Political Business Cycle theory in Sub-Sahara Africa. To provide an empirical explanation for this nexus, this paper used unbalanced panel data from thirty-six (36) Sub-Saharan African countries between 1990 and 2018. The system Generalized
Funsho Obakemi +3 more
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Fiscal deficits and growth in developing countries [PDF]
Journal of Public Economics, 2005 This paper examines the relation between fiscal deficits and growth for a panel of 45 developing countries. Based on a consistent treatment of the government budget constraint, it finds evidence of a threshold effect at a level of the deficit around 1.5% of GDP.
Adam, C, Bevan, D
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