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Budgeting and Public Finance [PDF]
, 2020 Budget is the tool through which governments decide how much to spend on what, limiting expenditures to the revenues available, and preventing overspending (Anessi-Pessina et al. 2016). The budget aims to turn plans and aspirations into reality. The budget thus constitutes revenue on the one hand and expenditure on the other.
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The Politics of the Public Finances
2020Greece has often attracted negative attention in terms of the state of its public finances. The chapter shows that the lack of effective fiscal institutions and the weak monitoring of public finance developments are major factors that did not prevent fiscal derailment even within the context of the EU fiscal rules. It outlines the basic legal framework
Vassilis T. Rapanos, Georgia Kaplanoglou
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DIFFERENCE-IN-DIFFERENCES METHODS IN PUBLIC FINANCE
National tax journal, 2015Recognizing that cross-sectional data are often insufficient to address the identification problems associated with estimating the effect of government taxation or spending, economists engaged in public finance research often utilize longitudinal data ...
Travis St. Clair, T. Cook
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Competitive Governments An Economic Theory Of Politics And Public Finance
, 2016Thank you very much for reading competitive governments an economic theory of politics and public finance. Maybe you have knowledge that, people have search hundreds times for their chosen novels like this competitive governments an economic theory of ...
E. Kaestner
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2020
This chapter provides an overview of the key characteristics of public finance in Korea, including a brief explanation of the country’s budgeting process and a fiscal condition analysis. Compared to the other OECD member countries, Korea has had a relatively healthy fiscal condition in that it has had a fiscal surplus for quite a long period of time ...
Liu, Cheol, Lee, Kang Koo
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This chapter provides an overview of the key characteristics of public finance in Korea, including a brief explanation of the country’s budgeting process and a fiscal condition analysis. Compared to the other OECD member countries, Korea has had a relatively healthy fiscal condition in that it has had a fiscal surplus for quite a long period of time ...
Liu, Cheol, Lee, Kang Koo
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BMJ, 2010
Private finance initiative (PFI) hospitals are simply huge public sub prime mortgages. PFI perpetuates debt at exorbitant rates (interest is fixed at pre-credit crunch rates, I think), and in some cases the government is paying money to banks that it owns. Payments are for 30 years or longer. …
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Private finance initiative (PFI) hospitals are simply huge public sub prime mortgages. PFI perpetuates debt at exorbitant rates (interest is fixed at pre-credit crunch rates, I think), and in some cases the government is paying money to banks that it owns. Payments are for 30 years or longer. …
openaire +3 more sources
Journal of Political Economy, 1987
Public goods can be financed by direct taxation or a subsidy to private spending. This paper examines the relative efficiency and distributional consequences of the two methods. Efficiency is shown to depend on the price elasticity of private spending and the trade- off between public and private spending.
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Public goods can be financed by direct taxation or a subsidy to private spending. This paper examines the relative efficiency and distributional consequences of the two methods. Efficiency is shown to depend on the price elasticity of private spending and the trade- off between public and private spending.
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Policy Implications of Dynamic Public Finance
, 2015The dynamic public finance literature underwent significant changes over the past decade. This research agenda has now reached a stage at which it is able to analyze the design of social insurance programs and optimal taxation in rich environments that ...
M. Golosov, Aleh Tsyvinski
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Harold Groves, Wisconsin Institutionalism, and Postwar Public Finance
, 2015Institutionalism was the dominant approach to public finance prior to WWII, after which it was eclipsed by Pigouvianism and Keynesianism. This transition defined the career of Wisconsin’s Harold M. Groves (1897–1969).
Marianne Johnson
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Public finance and development
Weltwirtschaftliches Archiv, 1982Development requires raising and allocating resources and good economic policies. Whether government actually invests or not, its policies are central. And the central place in which governmental policies find their expression is the budget. One need not put the matter as dramatically as Schumpeter who heard the thunder of history in the numbers of the
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