Results 11 to 20 of about 468,211 (209)
The Theoretical Bases for Determining the Fiscal Space of Territorial Communities in a Decentralized Environment [PDF]
The article carries out a critical analysis of the scientific definitions of the fiscal space as an economic category. The approaches to interpretation of the concept of «fiscal space» are systematized; the resource-expenditure, targeted, quantitative ...
Kvasnіi Oksana R.
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Fiscal Space and the Size of the Fiscal Multiplier [PDF]
This paper investigates the interaction between fiscal policy transmission and fiscal sustainability, captured through the concept of fiscal space. In order to measure the evolution of fiscal space over time we propose four indicators, drawing from different concepts available in the literature.
Luca Metelli, Kevin Pallara
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. Creating an effective tax system in the country is one of the most important conditions for ensuring its competitiveness. Today, there is a process of active tax competition between states around the world.
N. Lagodiienko, І. Yakushko
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The fiscal space and the fiscal stimulus during crisis in the Western Balkans [PDF]
The fiscal space of the Western Balkan 6 (WB6) economies has been significantly tested by recent crises, including the COVID-19 pandemic and the Energy and Food Price Crisis. This paper investigates the role of pre-crisis fiscal space in shaping
Petreski Marjan
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The Fiscal Stimulus of 2009-10: Trade Openness, Fiscal Space and Exchange Rate Adjustment [PDF]
This paper studies the cross-country variation of the fiscal stimulus and the exchange rate adjustment propagated by the global crisis of 2008-9, indentifying the role of economic structure in accounting for the heterogeneity of response.
Aizenman, Joshua, Jinjarak, Yothin
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In this note, the authors reexamine the issue of debt sustainability in a large group of advanced economies. Their hypothesis is that, when debt is in a moderate range, its dynamics are sustainable in the sense that increases in debt elicit sufficient increases in primary fiscal balances to stabilize the debt-to-GDP ratio. At high debt levels, however,
Jonathan David Ostry +3 more
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Income inequality, tax base and sovereign spreads [PDF]
This note investigates the association of greater income inequality and the tax base, de-facto fiscal space, and sovereign spreads. Using data for the 50 countries in 2007, in 2009 and in 2011, we find that higher income inequality is associated with ...
Aizenman, Joshua, Jinjarak, Yothin
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Fiscal Space for Health Care: Modern Approaches to Formation and Diagnostics
In the article an analytical review of theoretical approaches to the definition of the fiscal space is conducted. The peculiarities of the interpretation of the essence of the fiscal space for financing the health care system in the contemporary ...
O. V. Stepanova
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TAX REFORMS FOR THE DEVELOPMENT OF FISCAL SPACE
A reduction of the tax burden on corporate income in order to stimulate drivers of economic development has become the important issue of tax reform in many countries in recent decades.
Inna Lunina +2 more
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Current trends and macroeconomic effects of fiscal space functioning of Ukraine
Modern features of fiscal space functioning of Ukraine are investigated in this article, the conditions and trends of its formation in the context of global social and economic transformations are determined.
Vasylevska Halyna
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