Results 301 to 310 of about 3,724,277 (335)

Fiscal Sustainability and Fiscal Soundness [PDF]

open access: possibleAnnals of Economics and Finance, 2008
This paper tackles fiscal sustainability and fiscal soundness. In contrast to the existing literature, our analysis is in a general equilibrium framework. We obtain three results. First, we endogenize growth rate and interest rate, the two key rates for any study of fiscal sustainability; second, we illustrate that fiscal sustainability in general ...
Huang, Haizhou, Xie, Danyang
openaire  

Fiscal frameworks and fiscal sustainability in the Nordics

2020
Public finances in the Nordics are facing great future challenges due to demographic developments.
Lars Calmfors, Timothy Heleniak
openaire   +1 more source

Russia’s fiscal stimulus and fiscal sustainability

Voprosy Ekonomiki, 2013
This study examines the impact of public expenditure on economic growth in Russia. Fiscal multipliers for various items of government spending are calculated by means of our macroeconomic model of the Russian economy. Resources for fiscal stimulus and optimization are analyzed.
N. Akindinova   +2 more
openaire   +1 more source

Immigration, integration and fiscal sustainability [PDF]

open access: possibleJournal of Population Economics, 2006
Economic theory points out that immigration of even low-skilled immigrants may improve public finances in Western welfare states, and it is sometimes suggested that fiscal sustainability problems in Western countries caused by ageing populations could be solved by increasing immigration.
openaire   +1 more source

Recurrent explosive public debts and the long-run fiscal sustainability

, 2020
In this paper, the dynamics of debt-to-GDP ratio is analyzed for three countries with long fiscal records: Sweden, the UK and the US. A novel procedure of testing for recurrent explosive behavior is implemented in order to identify episodes of explosive ...
V. Bystrov, M. Mackiewicz
semanticscholar   +1 more source

Fiscal sustainability challenges in the new normal of low oil prices

International Journal of Development Issues, 2019
Purpose Given the persistence of low oil prices and the continued shrinking of government revenues, Gulf Cooperation Council (GCC) countries continue to adapt to the new normal of the oil price environment, with a focus on pressing ahead with subsidies’
Assil El Mahmah, M. Kandil
semanticscholar   +1 more source

A new test for fiscal sustainability with endogenous sovereign bond yields: Evidence for EU economies

Economic Modelling, 2019
In this paper we develop a new test for fiscal sustainability and propose a synthetic fiscal sustainability indicator. Conventional tests based on fiscal reaction functions assume a constant real interest rate.
Joanna Mackiewicz-Łyziak   +1 more
semanticscholar   +1 more source

Hardening Budget Constraints: A Cross-National Study of Fiscal Sustainability and Subnational Debt

International Journal of Public Administration, 2019
This study explores the financial sustainability of subnational governments in four different countries. Scholars argue that subnational fiscal capacity helps local governments deliver better public services and provide public goods, which in turn helps ...
Heidi Jane M. Smith   +2 more
semanticscholar   +1 more source

Fiscal sustainability in India: evidence from Markov switching and threshold regression models

Studies in Economics and Finance, 2019
Purpose The purpose of this study is to examine the fiscal sustainability issue by dividing the fiscal deficit into high and low regimes using the quarterly data from 1997: Q1 to 2013: Q3.
Vaseem Akram, B. N. Rath
semanticscholar   +1 more source

Fiscal Flows, Fiscal Balance, and Fiscal Sustainability [PDF]

open access: possible, 2003
The search for “fiscal indicators” to provide a short-hand (and preferably quantitative) picture of the size, direction, and nature of intergovernmental finance – and, ideally, some guidance for policy designed to improve outcomes – appears to be neverending.
openaire  

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