Results 1 to 10 of about 12,343 (315)
Debts and deficits with fragmented fiscal policymaking [PDF]
Journal of Public Economics, 2000 Abstract This paper develops a political-economic model of fiscal policy — one in which government resources are a ‘common property’ out of which interest groups can finance expenditures on their preferred items. This setup has striking macroeconomic implications. Transfers are higher than a benevolent planner would choose them to be; fiscal deficits
Andres Velasco
exaly +3 more sources
Macroeconomic determinants of fiscal policy in East Africa: a panel causality analysis [PDF]
Journal of Economics Finance and Administrative Science, 2022 Purpose – This study investigates the dynamic causality linkages between fiscal deficits and selected macroeconomic indicators in a panel of five East African Community countries.
Joseph Mawejje, Nicholas M. Odhiambo
doaj +1 more source
Relationship between fiscal deficits and unemployment in South Africa
Journal of Economic and Financial Sciences, 2022 Orientation: Heterodox economic scholarship has challenged the neoclassical doctrine that fiscal deficit increases unemployment in the long-term.
Juniours Marire
doaj +1 more source
Do fiscal deficits influence private savings in South Africa? An empirical note
Journal of Economic and Financial Sciences, 2023 Orientation: The neoclassical loanable funds theory predicts that fiscal deficits reduce the pool of available savings in the economy, but heterodox scholarship disputes the claim.
Juniours Marire
doaj +1 more source
Cogent Economics & Finance, 2023 This paper examines the impact of public debt on fiscal balance. This study uses the standard debt equation in a fiscal reaction and impulse response functions framework to assess the trajectory of public debt and its sustainability within the Sub-Sahara
Gladys A. Abindaw Nabieu +2 more
doaj +1 more source
DEVOLUTION, INDEPENDENCE AND WALES’ FISCAL DEFICIT [PDF]
National Institute Economic Review, 2022 AbstractDebate around Wales’ place in the United Kingdom has intensified over recent years, with radically differing visions for the union of the Welsh and UK governments emerging alongside growing (though still minority) support for Welsh independence.
Ifan, Guto, Sion, Cian, Wincott, Daniel
openaire +1 more source
On Deficits and Symmetries in a Fiscal Capacity [PDF]
SSRN Electronic Journal, 2015 There is a growing debate about complementing the European Monetary Union by a more comprehensive fiscal union. Against this background, this paper emphasizes that there is a trade-off in designing a system of fiscal transfers ("fiscal capacity") in a union between members of different size.
Hebous, Shafik, Weichenrieder, Alfons J.
openaire +3 more sources
From Surplus to Deficit Fiscal Policy [PDF]
Studies on Russian Economic Development, 2021 The article discusses the reasoning associated with the change in the trajectory of the Russian budgetary policy in the current cycle and the substantiation of the forecast values of the main macroeconomic indicators used in the formation of the federal budget.
Afanas’ev, M. P., Shash, N. N.
openaire +2 more sources
The Impact of Fiscal Deficit on Inflation in Namibia [PDF]
Journal of Central Banking Theory and Practice, 2021 Abstract This paper examined the impact of fiscal deficit on inflation in Namibia. The paper employed Autoregressive Distributed Lag Model (ARDL) and Granger causality approach using quarterly data for the period 2002 - 2017. Empirical results showed evidence of a long run positive effect of fiscal deficit on inflation in Namibia ...
Eita, Joel Hinaunye +3 more
openaire +3 more sources
Investigating a threshold effect in Twin Deficit Hypothesis: Evidence from the BRICS Economies
Cogent Economics & Finance, 2021 Over the years, empirical evidence on twin-deficit hypothesis has been inconsistent. While some support it, others affirm the prevalence of the Ricardian Equivalence.
Tochukwu Timothy Okoli +2 more
doaj +1 more source