Results 21 to 30 of about 2,686,558 (392)

Government debt: the impact of fiscal rules at the European and national level

open access: yesEmpirica, 2023
As Europe and the world surface from the pandemic of 2020–2021, public debt levels have risen substantially, the review of the European Union (EU) economic governance framework is underway and the general escape clause of the stability and growth pact ...
R. Kraemer, Jonne Lehtimäki
semanticscholar   +1 more source

Fiscal rules: lessons for Ukraine

open access: yesВісник Харківського національного університету імені В.Н. Каразіна: Серія Економіка, 2023
The purpose of this article is to assess the systematic implementation of fiscal rules in Ukraine and to provide recommendations for their adjustment.
T. Stetsenko   +2 more
doaj   +1 more source

An empirical study of public debt sustainability based on fiscal fatigue and fiscal space in CEMAC countries

open access: yesInternational Studies of Economics, 2022
This paper seeks first to test whether there is evidence of fiscal fatigue in the Central Africa Economic and Monetary Community (CEMAC) countries.
Ulrich Ekouala Makala
doaj   +1 more source

European Union’s Fiscal Rules and New Financial Instruments for 2021- 2027: Bulgaria’s Case Study [PDF]

open access: yesBulgarian Journal of International Economics and Politics, 2021
Fiscal policymaking of the Member States aims to follow fiscal rules through the economic cycle that ensure macroeconomic sustainability in the European Union (EU).
Iana Paliova
doaj   +1 more source

The decline in public investment: ``social dominance’’ or too-rigid fiscal rules?

open access: yesApplied Economics, 2022
Public investment in advanced economies is at historical lows, following a declining trend since the 1980s. Two main hypotheses have been posed to explain this evolution: (i) the ‘social dominance hypothesis’, whereby increased public social spending has
Mar Delgado-Téllez   +3 more
semanticscholar   +1 more source

A Comparison of German, Swiss, and Polish Fiscal Rules Using Monte Carlo Simulations

open access: yesGospodarka Narodowa. The Polish Journal of Economics, 2022
This paper assesses the economic implications of existing fiscal rules in Poland, Switzerland and Germany. In the analysis, we establish economic relationships between output, government revenues and expenditures, estimating a VAR model based on US data ...
Adam Pigoń, Michał Ramsza
doaj   +1 more source

The long-lasting post-covid symptom: The case for the EU fiscal rules reform? [PDF]

open access: yesPravni Zapisi, 2022
The paper investigates compliance with the EU fiscal rules in the period 1992-2020. The EU fiscal rules are prescribed as guidelines and represent a typical example of the soft law approach.
Babin Mihajlo, Ivanov Iva, Erić Miloš
doaj   +1 more source

The Return to Fiscal Rules

open access: yesStaff Discussion Notes, 2022
This annex provides novel estimates of whether fiscal rules have limited, or increased, fiscal space for countries to conduct countercyclical fiscal policy in recessions . It estimates the dynamic causal effect of fiscal rules on real government spending—
Paulo A. Medas   +7 more
semanticscholar   +1 more source

Do governments stick to their announced fiscal rules? A study of Latin American and the Caribbean countries

open access: yesJournal of Government and Economics, 2022
This paper introduces a dataset that gathers information on whether and how Latin America and the Caribbean (LAC) have complied with or deviated from implemented fiscal rules. It provides annual data on fiscal rules for 14 LAC countries from 2000 to 2020,
Carolina Ulloa-Suarez, Oscar Valencia
doaj   +1 more source

Tying One’s Hand: The Effect of Fiscal Rules on the Political Business Cycle in Africa

open access: yesJournal of African Economies, 2022
In this paper, we test whether fiscal rules can act as a constraint on the ability of incumbent politicians to generate political business cycles using fiscal and monetary expansions, to improve their re-election prospects.
C. Strong
semanticscholar   +1 more source

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