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The external effects of public sector deficits [PDF]
This paper develops a two equation model for measuring how public sector deficits - and the way that they are financed - affect the real exchange rate, the trade balance, the current account and the level of external indebtedness. One equation relates the real exchange rate to the trade surplus and the other describes the trade surplus as a function of
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Radial Measures of Public Services Deficit for Regional Allocation of Public Funds [PDF]
The goal of this paper is to present an optimal resource allocation model for the regional allocation of public service inputs. The proposed solution leads to maximise the relative public service availability in regions located below the best availability frontier, subject to exogenous budget restrictions and equality of access for equal need criteria (
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Public Understanding of Science, 2016
After several years of loud and clear rejection, the idea of a public cognitive deficit insistently reappears in the agenda of Science Communication and Public Understanding of Science studies. This essay addresses two different kinds of reason – practical and epistemic – converging at that point.
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After several years of loud and clear rejection, the idea of a public cognitive deficit insistently reappears in the agenda of Science Communication and Public Understanding of Science studies. This essay addresses two different kinds of reason – practical and epistemic – converging at that point.
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Pasinetti on Public Debt and Deficit
Rivista Internazionale di Scienze SocialiThis note focuses on two works by Luigi Pasinetti, published respectively in 1995 and 1998, concerning public deficit and debt. It highlights the Keynesian framework that characterizes the first essay, in which the implications of deficit-financed public spending are examined in relation to the role of the latter as a component of aggregate demand and ...
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Trust Deficit in Public Sector
2014Deficit trust is considered a cause for further deterioration of the public sector delivery systems. It has raised concerns in the modern political scenario. The author identifies the sources for creation of deficit trust in public sectors across the world.
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Economic, political, and institutional determinants of public deficits
Journal of Public Economics, 2002We examine a large set of economic, sociopolitical, and institutional variables in a panel of 57 developed and developing countries over the period of 1970-90 to derive robust conclusions about which variables are important in explaining cross-country differences in public sector deficits.
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The Budget Deficit, Public Debt, and Endogenous Growth
Journal of Public Economic Theory, 2003This paper analyzes the effects of public debt on endogenous growth in an overlapping generations model. The government fixes the budget deficit ratio. If the deficit ratio stays below a critical level, then there are two steady states where capital, output, and public debt grow at the same constant rate.
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Public Deficit Bias and Immigration [PDF]
How much can governments shift the cost of government expenditure from today's voters to tomorrow's generations of immigrants, without resorting to taxation that is explicitly discriminatory? I demonstrate that if their societies are absorbing continuous flows of new immigrants, we should expect governments that represent the interests of today's ...
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Robust structural determinants of public deficits in developing countries
Applied Economics, 2021Blaise Gnimassoun
exaly
The innovation deficit in public services
2009It has long been recognized that government and public sector services suffer an innovation deficit compared to private or market-based services. This paper argues that this can be explained as an unintended consequence of the concerted public sector drive toward the elimination of waste through efficiency, accountability and transparency.
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