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Expenditure Rules: Limiting the Level or the Variation of Public Expenditure?
EconomiesThe main goal of the first-generation expenditure rules was to ensure fiscal discipline: preserving a sound fiscal framework and public debt sustainability. Regarding this goal, analytically as well as empirically, limiting the share of public expenditure in GDP would be more appropriate in case of weak potential economic growth or if the public ...
Severine Menguy
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Restraining Public Health Expenditure
1997Health expenditure is undoubtedly one of the main components of public expenditure in Italy. Therefore Italian Government, forced by his huge deficit, is trying to restrain it in different ways. Firstly by seeking to improve its efficiency by making uniform the treatments of similar cases, secondly by introducing a compulsory costs sharing (“tickets ...
G. Goisis, P. Parravicini
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Voting the Public Expenditure: an Experiment [PDF]
, 2007 This paper considers the problem of voting about the quantity of a public good. An experiment has been run in order to test the extent of the strategic bias that arises in the individual vote when the social choice rule is to select the mean of the quantities voted for; conflicting theoretical predictions are available in the literature on this purpose.
MARCHESE C, MONTEFIORI, MARCELLO
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The Distribution of Public Expenditure on Education
Economica, 1982This paper is an attempt to estimate the distribution of public expenditure on education in England and Wales. The objective is to discover the extent of differences in the amounts of such expenditure accruing to people within the same age bracket but from different social and economic backgrounds.
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Time Consistent Public Expenditures [PDF]
, 2004 How should aggregate public expenditures be traded off against their financing costs? We incorporate public expenditures into a standard neoclassical growth setup with model policy choice as made by a government choosing tax rates and spending so that the resulting competitive equilibrium allocation maximizes consumer welfare.
Paul Klein +2 more
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