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America's Public Diplomacy Deficit

1997
Abstract : As the world adjusted in the 1860s to the invention of the telegraph, a British diplomat was heard to remark that the new era of instantaneous international communication heralded the dense of the ambassador role. What, after all, would be the role of envoys when governments could communicate directly? As an analysis of government's needs of
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Public Goods and Budget Deficit [PDF]

open access: possible, 2006
We examine incentive-compatible mechanisms for fair financing and efficient selection of a public budget (or public good). A mechanism selects the level of the public budget and imposes taxes on individuals. Individuals’ preferences are quasilinear.
Abraham Neyman, Tim Russo
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Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance

Journal of Financial Economics, 2019
We examine how local newspaper closures affect public finance outcomes for local governments. Following a newspaper closure, municipal borrowing costs increase by 5–11 basis points, costing the municipality an additional $650,000 per issue.
P. Gao, Chang Lee, Dermot Murphy
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Fiscal policies, public deficit restraints and European stabilization

Recherches économiques de Louvain, 1996
SummaryThe ability of fiscal policies to smooth macroeconomic fluctuations under the constraints imposed by the Maastricht Treaty is at the heart of the current policy debate in Europe. A two-country intertemporal stochastic general equilibrium model is used in order to evaluate the efficiency of fiscal policy.
Frédérique BEC, Jean-Olivier Hairault
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Trust Deficit in Public Sector

2014
Deficit 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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Public Deficit Bias and Immigration [PDF]

open access: possible, 2013
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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Structural Deficits in Czech Public Finances

Finance a uver - Czech Journal of Economics and Finance, 2000
The paper analyzes the fiscal position of Czech public budgets. It focuses on the structural and the cyclical parts of the budget deficits and concludes that public budgets were in structural deficit as early as 1994. The authors propose three methods toward estimating the potential output of the Czech economy and demonstrate how these estimates lead ...
Aleš Kreidl, Onøej Schneider
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The external effects of public sector deficits [PDF]

open access: possible, 1989
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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The Budget Deficit, Public Debt, and Endogenous Growth

Journal of Public Economic Theory, 2003
This 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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Budget deficits and public debt

Manager, 2009
In the recent decades, the budget deficit has become one of the characteristics of national economies. Furthermore,it finds its dimensions amplification. Despite this, more and more are the economists who dispute the need to balance the budget,arguing the need even the deficit and systematic use of in order to achieve economic equilibrium.Such guidance
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