Results 31 to 40 of about 72,575 (46)

The Employment Effects of Countercyclical Public Investments

American Economic Journal: Economic Policy, 2023
This paper estimates the causal impact of a sizable German public investment program on employment at the county level. The program focused on improving the energy efficiency of school buildings, making it possible to use the number of schools as an ...
L. Buchheim, M. Watzinger
semanticscholar   +1 more source

The Missing Intercept: A Demand Equivalence Approach

Social Science Research Network, 2021
I give conditions under which changes in private spending are accommodated in general equilibrium exactly like changes in aggregate fiscal expenditure.
Christian K. Wolf
semanticscholar   +1 more source

The Impact of Political Fragmentation on the Municipal Spending in Peru

CESifo Economic Studies, 2023
This study evaluates the impact of political fragmentation at the municipal level on public expenditure during the period 2007–2018 for the Peruvian case. The results indicate that the effect of political fragmentation within a municipal council on the
Alberto Mendoza, Sergio Hinostroza
semanticscholar   +1 more source

Micro Risks and (Robust) Pareto-Improving Policies

The American Economic Review
We provide conditions for the feasibility of robust Pareto-improving (RPI) policies when markets are incomplete and the interest rate is below the growth rate.
Mark Aguiar, M. Amador, C. Arellano
semanticscholar   +1 more source

Ability of States to Implement Planned Budget in India: An Assessment Using PEFA Framework

The Indian Economic Journal
A credible budget complies with budget contracts voted in Parliament and improves the efficiency of government expenditure. Deviations, as a result of weak capacity to forecast revenue or execute the planned activities, pose risks to both existing and ...
P. Jena
semanticscholar   +1 more source

Taxation and Economic Growth in Benin: Does the Rate “eat” the Base?

Advances in Management and Applied Economics
In developing countries where resources are limited and population needs are immense, taxation becomes one of the State's key economic policy instruments. Benin, a small developing economy open to the world, is no exception.
Emile Aifa
semanticscholar   +1 more source

India’s Economic Growth since the 1980s and the Role of the State: An Alternative Perspective

The Review of Radical Political Economics
It is imperative to explore the contribution of the Indian state to the country’s impressive long-term growth performance during the free-market era, given the looming demand deficiency problem arising from this iniquitous growth process. Drawing on Marx’
Saswata Guha Thakurata
semanticscholar   +1 more source

Synchronisation of Fiscal and Monetary Policies in India—Some Issues

The Indian Economic Journal
Fiscal and monetary policies are pursued independently to achieve their respective assigned goals, though broad synchronisation of the two is essential for overall consistency and efficiency.
Ravindra H. Dholakia
semanticscholar   +1 more source

Sticky Spending, Sequestration, and Government Debt

The American Economic Review
Once established, government spending programs tend to continue. A commonly held view is that spending inertia leads to unsustainable debt, ultimately requiring fiscal adjustments such as “sequestration.” We show that by insuring against political ...
F. Piguillem, Alessandro Riboni
semanticscholar   +1 more source

Unraveling the Roots of Fiscal Crises in Contemporary Capitalist Nations and Strategies for Overcoming Them

The Review of Radical Political Economics
Since the 1980s, fiscal crises have notably impacted capitalist nations, a situation that intensified during the COVID-19 pandemic. Although theories of capital accumulation and economic crises often serve to explain these events, this study advocates ...
Bin Li
semanticscholar   +1 more source