Results 151 to 160 of about 614 (223)

Pension Systems (Un)sustainability and Fiscal Constraints: A Comparative Analysis

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space exhaustion probability reflecting demographic uncertainties.
Burkhard Heer   +2 more
wiley   +1 more source

Social fund support of microfinance : a review of implementation experience [PDF]

open access: yes
The case studies were developed in order to help Bank task team leaders, and their client country counterparts, design and support effective microfinance components, within social funds.
de Silva, Samantha, Gross, Alexandra
core  

Comparing the Implications of Strategies for Governing the COVID‐19 Pandemic for the Political Robustness of Five European Political Regimes

open access: yesPublic Administration, EarlyView.
ABSTRACT How do the strategies that governments employ when they encounter crisis‐induced turbulence affect the robustness of the political regime in which they operate? Comparative studies of the connection between government strategies and political regime robustness under different cultural and institutional conditions are few and far between.
Eva Sørensen   +5 more
wiley   +1 more source

Social Equity Practices in Public Financial Management: A Conceptual Review and Proposed Reforms

open access: yesPublic Administration, EarlyView.
ABSTRACT Equity has been at the core of public finance going at least as far back as 1776 when Adam Smith included it as one of four canons of a good tax in his classic An Inquiry into the Nature and Causes of the Wealth of Nations (Tax Project Institute 2025).
John R. Bartle   +2 more
wiley   +1 more source

Intergovernmental Grants, Fiscal Autonomy, and Local Budgeting: Evidence of Reference Dependence From Korea

open access: yesPublic Budgeting &Finance, EarlyView.
Abstract This study employs a panel threshold regression to examine how own‐source revenues and unconditional grants affect internal expenditures of Korean local governments. Guided by mental accounting theory, we argue that revenue sources create distinct “accounts,” shaping expenditure choices. Results reveal two thresholds (0.310% and 0.401%) beyond
Kyungmin Yoo   +2 more
wiley   +1 more source

Unintended Consequences of Fiscal Governance Rules on the Long‐Term Financial Position of State Governments

open access: yesPublic Budgeting &Finance, EarlyView.
ABSTRACT Fiscal governance rules are viewed as prudent tools that promote balanced budgets, lower tax burdens, and ensure modest use of long‐term debt. However, these rules can create incentives that inadvertently worsen the government's long‐term financial position. Focusing on unfunded retiree benefits and long‐term debt, this study finds that states
Sharon N. Kioko
wiley   +1 more source

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