Results 21 to 30 of about 1,721,960 (293)
Ekonomista, 2021 In 2016–2019 Poland experienced a major social and fiscal policy shift: new government decreased the statutory retirement age and launched several new social programs, including the sweeping Family 500+ program under which social expenditure on family ...
Maciej WYSOCKI, Cezary WÓJCIK
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Fiscal Stimulus and Fiscal Sustainability
, 2017 The Great Recession and the Global Financial Crisis have left many developed countries with low interest rates and high levels of public debt, thus limiting the ability of policymakers to fight the next recession. Whether new fiscal stimulus programs would be jeopardized by these already heavy public debt burdens is a central question.
Auerbach, Alan J, Gorodnichenko, Yuriy
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Fiscal Responsibility Legal Framework—New Paradigm for Fiscal Discipline in the EU
Risks, 2020 This paper aims at studying the legal aspects of the European Union (EU)’s fiscal policy, analyzing the statute of fiscal responsibility legal framework, the different measures undertaken in the last years with respect to European trends in fiscal ...
Mihaela Tofan +2 more
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Research on Fiscal Sustainability Risk Evaluation Model Based on Large-Scale Regional Comprehensive Development PPP Project [PDF]
E3S Web of Conferences, 2020 With the development of urbanization in China, the traditional PPP mode is no longer suitable for the urbanization in China. Therefore, the regional comprehensive development PPP mode is gradually concerned by government and enterprises.
Xianhao Li, Yue Wang, Lin Wang
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Signaling Fiscal Regime Sustainability [PDF]
IMF Working Papers, 1999 This paper proposes a signaling model that offers a new perspective on why governments deviate from optimal tax smoothing and delay debt stabilization. In our model, dependable—but not fully credible—governments have an incentive to tighten the fiscal regime when the signaling effect on credit ratings is larger (that is, when a sufficiently large stock
Alessandro Prati, Francesco Drudi
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Fiscal Sustainability in Flow Model: Panel Cointegration Approach for the EU-28 [PDF]
Ovidius University Annals: Economic Sciences Series, 2019 This paper assesses fiscal sustainability in 28 European Union economies in the period 1995- 2018, using panel cointegration analysis for fiscal sustainability testing.
Radmila Dragutinović Mitrović +2 more
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Fiscal Policy Sustainability In Romania [PDF]
Annales Universitatis Apulensis Series Oeconomica, 2008 The paper is focused on aspects regarding fiscal policy sustainability inRomania. Analyzing the theoretical foundations of fiscal policy sustainability it could beidentified a methodology for econometric tests to be carried out and to put forward de factopublic debt long-run situation at the country level.
Ioan Talpos, Cosmin Enache
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The Concept of Innovative Fiscal Policy: Theory and Empirical Evidence
Competitio, 2020 This contribution addresses the question of what are the main constituents of an innovative fiscal policy in the context of sustainability. We apply the concept of sustaining and disruptive innovation to fiscal policy. On the one hand, innovative fiscal
Oliver Kovacs
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Fiscal Sustainability and the Role of Inflation
SSRN Electronic Journal, 2023 We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we estimate to estimate a country-specific time-varying measure of fiscal sustainability using the fiscal reaction function. This function captures the response of the primary balance to changes in the public debt ratio.
Afonso, António +3 more
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Sustainability of Swiss Fiscal Policy [PDF]
Swiss Journal of Economics and Statistics, 2006 SummaryWe examine whether Swiss federal fiscal policy was sustainable over the period from 1900 to 2002. We perform unit root and cointegration tests for federal revenues and expenditures, taking into account a structural shift in the budgetary process related to World War II. We find sustainability considering the entire period. However, splitting the
Kirchgässner, Gebhard, Silika, Prohl
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