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PRINCIPLES OF FORMATION OF FISCAL SPACE
Вестник Алтайской академии экономики и праваopenaire +1 more source
FISCAL CAPACITY ANALYSIS OF FOREIGN COUNTRIES WITH THE «FISCAL SPACE DIAMOND»
Вестник Алтайской академии экономики и праваopenaire +1 more source
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Fiscal Rules, Fiscal Space, and the Procyclicality of Fiscal Policy
FinanzArchiv, 2016We analyze the interaction of fiscal rules and fiscal space. We find strong evidence for fiscal rules being associated with higher fiscal space for the EU27 countries for the period 1990–2014. Furthermore, the analysis shows that countries with more fiscal space tend to have higher discretionary expenditures, but that this effect is significantly ...
Carolin Nerlich, Wolf Heinrich Reuter
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Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies [PDF]
The Economic Journal, 2013 How high can public debt rise without compromising fiscal solvency? We answer this question using a stochastic model of sovereign default in which risk-neutral investors lend to a government that displays ‘fiscal fatigue’, whereby its ability to increase primary balances cannot keep pace with rising debt. As a result, the government faces an endogenous
Atish R. Ghosh +4 more
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IMF Policy Discussion Papers, 2005
With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether "fiscal space" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal
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With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether "fiscal space" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal
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Fiscal Space for Health in Uganda [PDF]
, 2010 This report reviews performance of Uganda's health sector and assesses options for increasing total health spending and improving efficiency of health spending to improve health, nutrition, and population outcomes. Although Uganda's health outcomes are improving, the country is unlikely to achieve its national targets for health as well as the health ...
Peter Okwero +4 more
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Measuring fiscal sustainability in the welfare state: fiscal space as fiscal sustainability
International Economics and Economic Policy, 2019This study measures the fiscal capacity of welfare states to derive parameters for a sustainable welfare state. To secure fiscal soundness, it is critical to maintain affordable welfare spending by ensuring public capacity. Adapting the concept of fiscal space, defined as the difference between the current level of public debt and the debt limit ...
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Fiscal Space of Brazilian States
2013We estimate the fiscal space of Brazilian States defined as the difference between a State's actual debt and the theoretical debt limit implied by the historical behavior of its policymakers. We estimate fiscal reaction functions and debt limits using publicly available data between 2000 and 2011 for the 26 Brazilian States and the Federal District ...
Fabiano Bastos, Emilio Pineda
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