Results 1 to 10 of about 39,124 (306)
Fiscal Stabilisation Policy and Fiscal Institutions [PDF]
SSRN Electronic Journal, 2006 In this paper we analyse counter-cyclical fiscal policy within the context of a microfounded analysis of business-cycle stabilization. We show that tax and spending instruments can have a useful counter-cyclical role, even after allowing for the distortionary nature of the instruments and the need for debt sustainability.
Campbell Leith, Simon Wren-lewis
openaire +3 more sources
The effectiveness of fiscal policy: contributions from institutions and external debts [PDF]
Journal of Asian Business and Economic Studies, 2018 Purpose – The effectiveness of fiscal policy is an interesting field in literature of macroeconomics. The purpose of this paper is to investigate the effects of fiscal policy on economic growth under contributions from the differences in institutions and
Nguyen Phuc Canh
doaj +3 more sources
The Fiscal Councils – Independent Fiscal Institutions for Ensuring Fiscal Discipline [PDF]
Ovidius University Annals: Economic Sciences Series, 2017 Ensuring the sustainability of public finances can only be achieved through substantial and relevant analysis and evaluation of the problems faced by the fiscal and budgetary fields.
Comăniciu Carmen
doaj +1 more source
Independent Fiscal Institutions: A Comparative Analysis
Transylvanian Review of Administrative Sciences, 2013 The sovereign debt crisis and the new legal framework of European economic governance have forced most of the EU Countries to adopt stricter fiscal rules.
Patrizia MAGARÒ
doaj +2 more sources
Technological and Economic Development of Economy, 2023 The available empirical evidence shows that fiscal authorities commonly revert to procyclical fiscal policies instead of following the normative prescription of budgetary countercyclicality.
Michał Mackiewicz
doaj +1 more source
Journal of Political Science: Bulletin of Yerevan University, 2022 The paper seeks to clarify the consequences of fiscal institutions and centralization of intergovernmental relations in Russia related to regional debt sustainability and intraregional fiscal decentralization.
Evgeny Timushev
doaj +1 more source
Fiscal institutions in Germany [PDF]
Swiss Journal of Economics and Statistics, 2013 Summary In 2009 Germany introduced a new fiscal rule in its Basic Law. It stipulates that the federal budget must be (structurally) close to balance from 2016 onwards and does not allow for (structural) budget deficits in the Laender (states’) budgets after 2019. While the already existing debt brakes at the Laender level have relatively wide
Burret, Heiko T., Feld, Lars P.
openaire +4 more sources
A Comparative Analysis of the Debt Dynamics of Municipalities and their Municipally Owned Corporations in the EU Member States with a Special Focus on Hungary [PDF]
Romanian Journal of European Affairs, 2021 The study examines the liabilities as a share of the GDP of the municipal subsystems of public finances and the organisations owned by them in EU Member States between 2013 and 2018.
Csaba Lentner +2 more
doaj
The Dilemma Between Fiscal Decentralization and Budget Balance
Transylvanian Review of Administrative Sciences, 2022 This paper explores the effects of the distribution of fiscal authority for fiscal decentralization on the U.S. state budget balance. Numerous scholars have pointed out that fiscal institutions play an important role in achieving budget balance, but ...
Jongmin Shon
doaj +1 more source
Review of Economic Perspectives, 2021 This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal
Gorčák Martin, Šaroch Stanislav
doaj +1 more source