Results 11 to 20 of about 4,078 (260)
Fiscal aspects of the European monetary integration [PDF]
Along with the introduction of the euro as a single currency, importance of respecting the fiscal aspects which determine longevity of the monetary arrangement is recognized.
Golubović Srđan
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Fiscal Decentralization, Fiscal Rules and Fiscal Discipline [PDF]
Fiscal decentralization (FD) and fiscal rules (FR) are institutional mechanisms that have been implemented in increasing number of countries by varying measures. This paper investigates empirically the effect of FR on the effectiveness of FD in achieving fiscal discipline.
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For quite a long time, budgetary institutional adjustments have been implicated as important determinants of fiscal discipline in local government. Moreover, entity location has been argued a pivotal and influential factor in the budgetary institutional ...
Paul Onyango-Delewa, Isaac Nabeta Nkote
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Fiscal performance in monetary unions: How much austerity should be allowed? [PDF]
The effectiveness of fiscal policy becomes particularly relevant in the case of the member countries of a monetary union facing a sovereign debt crisis.
Díaz-Roldán Carmen
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Budget Processes and Commitment to Fiscal Discipline [PDF]
We present a framework of investigation into the political economy of the budget process. Our model suggests that institutional rules governing the budget process can be found to limit the importance of fiscal illusion. Empirical evidence supports that proposition.
von Hagen, Jürgen, Harden, Ian J.
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TOWARD A STRONGER FISCAL CONVERGENCE AND DISCIPLINE FOR EUROPE – HOW FAR ARE WE? [PDF]
Economies frequently pursue policies that tend to lead to fiscal crises, usually sustained by deficits and high public debt levels. First, states borrow in order to sustain their economies, thus accumulating debt and deficits, then are submitted to ...
Florin-Alexandru Macsim, Florin Oprea
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Fiscal discipline in the european monetary union [PDF]
This paper explores the question of how national fiscal policies could be conducted within the European Monetary Union. The discussion touches upon this issue in relation to the theory of optimum currency areas; presents the debt sustainability issue in the context of a monetary union; examines briefly the determinants of debt dynamics; and interprets ...
George D. Demopoulos +1 more
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MALİYE POLİTİKALARINDA 1980 SONRASINDA YAŞANAN DEĞİŞİM: MALİ DİSİPLİN V E MALİ KURAL UYGULAMALARI
The reflections of restructuring process of the economic role of the state on fiscal policies, particularly since the 1980s, have been realized on the basis of fiscal discipline and rules based fiscal policies around the world.
Aysel ARIKBOĞA
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The impact of fiscal and monetary shock on economic activity in Serbia: SVAR approach [PDF]
Contribution of fiscal policy to macroeconomic stabilization is significant. The main objective of this article is to assess the impact of fiscal and monetary shock to macroeconomic variables in Serbia in period between the years 2007-2016.This period ...
Bungin Sanja
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Political business cycle and fiscal discipline in Sub-Saharan Africa
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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