Browsing by Title

Title:Fiscal capacity in non-democratic states : the origins and expansion of the income tax Author(s):ANDERSSON, Per F.

Date:2023Citation:Journal of institutional economics, 2023, Vol. 19, No. 3, pp. 364-378Type:ArticleAbstract:Fiscal capacity is regularly linked to warfare and democratization. However, the majority of income taxes – a cornerstone of government finance – were introduced by non-democratic states in peacetime. This paper is concerned ...

Title:Fiscal consolidation as a policy strategy to exit the global crisis Author(s):CORSETTI, Giancarlo

Date:2010Citation:Richard BALDWIN, Daniel GROS and Luc LEAVEN (eds), Completing the Eurozone Rescue : What More Needs to Be Done?, London : Centre for Economic Policy Research, June 2010, VoxEU.org, pp. 75-78Type:Contribution to book

Title:Fiscal consolidation in a low-inflation environment : pay cuts versus lost jobs Author(s):BANDEIRA, Guilherme; PAPPA, Paraskevi

; SAJEDI, Rana; VELLA, EugeniaDate:2018Citation:International journal of central banking, 2018, Vol. 14, No. 3, pp. 7-52Type:ArticleAbstract:We construct a model of a monetary union to study fiscal consolidation in the periphery of the euro area, through cuts in public-sector wages or hiring when the nominal interest rate is constrained at its lower bound. ...

Title:Fiscal consolidation with tax evasion and corruption Author(s):PAPPA, Evi; SAJEDI, Rana; VELLA, EugeniaDate:2015Citation:Journal of international economics, 2015, Vol. 96, No. S1, pp. S56-S75Type:ArticleAbstract:Cross-country evidence highlights the importance of tax evasion and corruption in determining the size of fiscal multipliers. We introduce these two features in a New Keynesian model and revisit the effects of fiscal ...

Title:Fiscal convergence, expectations and speculative attacks in the European Monetary System Author(s):DELLA POSTA, PompeoDate:1997Citation:Florence : European University Institute, 1997Type:ThesisSeries/Number:EUI; ECO; PhD Thesis

Title:Fiscal Expansions, Unemployment, and Labor Force Participation: Theory and evidence Author(s):BRÜCKNER, Markus; PAPPA, EviDate:2012Citation:International Economic Review, 2012, 53, 4, 1205–1228Type:ArticleAbstract:Structural VARs indicate that for many OECD countries labor force participation, employment, and the unemployment rate significantly increase following increases in government expenditures under a variety of specifications ...

Title:Fiscal federalism in Russia : intergovernmental transfers and the financing of education Author(s):STEWART, KittyDate:2000Citation:Cheltenham : Edward Elgar Publishing, 2000Version:Published version of EUI PhD thesis, 1998Type:BookAbstract:Fiscal Federalism in Russia examines the combined impact of decentralisation and diversity on regional equality of service provision and in particular the provision of education. The book begins with an analysis of the ...

Title:Fiscal forecasting : the track record of the IMF, OECD and EC Author(s):ARTIS, Michael J.; MARCELLINO, Massimiliano

Date:1999Type:Working PaperSeries/Number:EUI ECO; 1999/22

Title:Fiscal forecasting: The track record of the IMF, OECD and EC Author(s):ARTIS, Michael J.; MARCELLINO, Massimiliano

Date:2001Citation:The Econometrics Journal, 2001, 4, 1, 20-36Type:ArticleAbstract:We analyse the relative performance of the IMF, OECD and EC in forecasting the government deficit, as a ratio to GDP, for the G7 countries. Interesting differences across countries emerge, sometimes supporting the hypothesis ...

Title:Fiscal Imbalances and the Dynamics of Currency Crises Author(s):CORSETTI, Giancarlo

; MACKOWIAK, BartoszDate:2006Citation:European Economic Review, 2006, 50, 5, 1317-1338Type:ArticleAbstract:This paper analyzes links between the fiscal theory of the price level (FTPL) and the first generation models after Krugman (Journal of Money Credit and Banking 11 (1979), 311–325), exploring the idea that a synthesis ...

Title:Fiscal integration in an experimental union : how path-breaking was the EU’s response to the COVID-19 pandemic? Author(s):SCHELKLE, Waltraud

Date:2021Citation:Journal of common market studies, 2021, Vol. 59, pp. 44-55Type:ArticleAbstract:This article analyses what made the dynamic of the Covid-19 pandemic so different in political-economic terms. I look at this dynamic through the lens of three significant reforms, which were accompanied by a new crisis ...

Title:Fiscal limits on first-best climate policy : a CGE analysis for Europe Author(s):TOL, Richard; VERDE, Stefano F.

Date:2013Type:Working PaperSeries/Number:University of Sussex; Economics Department Working Paper; 2013/58; [Florence School of Regulation]; [Climate]

Title:Fiscal multipliers in the 21st century Author(s):BRINCA, Pedro; HOLTER, Hans A.; KRUSELL, Per; MALAFRY, LaurenceDate:2016Citation:Journal of monetary economics, 2016, Vol. 77, pp. 53-69Type:ArticleAbstract:Fiscal multipliers appear to vary greatly over time and space. Based on VARs for a large number of countries, we document a strong correlation between wealth inequality and the magnitude of fiscal multipliers. In an attempt ...

Title:Fiscal multipliers in the 21st Century Author(s):BRINCA, Pedro; HOLTER, Hans A.; KRUSELL, Per; MALAFRY, LaurenceDate:2014Type:Working PaperSeries/Number:EUI RSCAS; 2014/119; Pierre Werner Chair Programme on Monetary UnionAbstract:The recent experience of a Great Recession has brought the effectiveness of fiscal policy back into focus. Fiscal multipliers do, however, vary greatly over time and place. between wealth inequality and the magnitude of ...

Title:The fiscal origins of American power : federal tax policy and US territorial expansion in the nineteenth century Author(s):WOŹNIAKOWSKI, Tomasz P.

Date:2020Type:Working PaperSeries/Number:EUI RSCAS; 2020/103; [WillingToPay]Abstract:In this working paper, I argue that United States (US) territory quadrupled within the first three generations since 1789 because, in the nineteenth century, the US developed a fiscal-military state capable of mobilizing ...

Title:A Fiscal Perspective on Currency Crises and 'Original Sin' Author(s):CORSETTI, Giancarlo

; MACKOWIAK, BartoszDate:2005Citation:Barry EICHENGREEN, Ricardo HAUSMANN (eds), Other People's Money: Debt Denomination and Financial Instability in Emerging Market Economies, Chicago, University of Chicago Press, 2005Type:Contribution to book

Title:A Fiscal Perspective on Currency Crises and the `Original Sin' Author(s):CORSETTI, Giancarlo

; MACKOWIAK, BartoszDate:2005Citation:Barry EICHENGREEN, Ricardo HAUSMANN (eds.), Other People's Money: debt denomination and financial instability in emerging market economies, Chicago University Press, 2005Type:Contribution to book

Title:Fiscal Policies, Monetary Policies and Labour Markets: Key Aspects of European Macroeconomic Policymaking after Monetary Unification Editor(s):BEETSMA, Roel; FAVERO, Carlo; MISSALE, Alessandro; MUSCATELLI, Vitantonio; NATALE, PiergiovannaDate:2004Citation:2004Type:Book

Title:Fiscal policy and consumption Author(s):CALLEGARI, GiovanniDate:2007Citation:Florence : European University Institute, 2007Type:ThesisSeries/Number:EUI; ECO; PhD ThesisAbstract:There is little doubt that fiscal policy plays an important role in business cycle fluctuations; however, the ability of fiscal policy measure to work as a countercyclical stimulus has recently been questioned (see Taylor, ...

Title:Fiscal Policy and Macroeconomic Stabilisation in the Euro Area: Possible Reforms of the Stability and Growth Pact and National Decision-Making Process Author(s):CORSETTI, Giancarlo

Date:2009Citation:Seppo HONKAPOHJA and Frank WESTERMANN (eds), Designing the European Model, Houndmills/ Basingstoke/Hampshire, Palgrave MacMillan, 2009, 177-228Type:Contribution to book