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Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook x National Government Expenditures and Related Policies x clear all

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Conditional Election and Partisan Cycles in Government Support to the Agricultural Sector: An Empirical Analysis

Jeroen Klomp and Jakob de Haan.

in American Journal of Agricultural Economics

July 2013; p ublished online May 2013 .

Journal Article. Subjects: National Government Expenditures and Related Policies; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Agricultural Economics. 11971 words.

We examine the effect of elections and government ideology on public funding to the agricultural sector using a panel model for more than 70 democratic countries from 1975-2009. We find...

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Economic growth and welfare state: a case study of Sweden

Luis Buendía and Enrique Palazuelos.

in Cambridge Journal of Economics

July 2014; p ublished online October 2013 .

Journal Article. Subjects: Welfare and Poverty; National Government Expenditures and Related Policies; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 8224 words.

In this article we analyse the relation between the dynamics of economic growth and the welfare state using the Swedish experience as a case study. We defend three theses concerning the...

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The economic record of the 1997–2010 Labour government: an assessment

David Cobham, Christopher Adam and Ken Mayhew.

in Oxford Review of Economic Policy

January 2013; p ublished online June 2013 .

Journal Article. Subjects: Health, Education, and Welfare; National Government Expenditures and Related Policies; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 12792 words.

We consider the economic record of the 1997–2010 Labour government in the UK. Following a brief review of the government’s inheritance from its predecessor, we review the assessments made...

Explaining Procyclical Fiscal Policy in African Countries

John Thornton.

in Journal of African Economies

June 2008; p ublished online January 2008 .

Journal Article. Subjects: National Budget, Deficit, and Debt; National Government Expenditures and Related Policies; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 3443 words.

Simple time series regressions for 37 low-income African countries during 1960–2004 suggest that government consumption is highly procyclical, with consumption responding more than...

Fiscal Reforms and Public Investment in Africa

Christopher Adam and David Bevan.

in Journal of African Economies

March 2015; p ublished online February 2015 .

Journal Article. Subjects: National Budget, Deficit, and Debt; National Government Expenditures and Related Policies; Development Planning and Policy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Economic Development. 11096 words.

Extending a model by Buffie et al. (2012), we explore the macroeconomic implications of public investment and fiscal reforms in an environment where the tax system is distortionary. We...

The hidden transformation: the changing role of the state after the collapse of communism in Central and Eastern Europe

Oskar Kowalewski and Krzysztof Rybinski.

in Oxford Review of Economic Policy

December 2011; p ublished online December 2011 .

Journal Article. Subjects: National Government Expenditures and Related Policies; Financial Institutions and Services; Monetary Policy, Central Banking, and the Supply of Money and Credit; Financial Regulation; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Socialist Institutions and their Transitions. 10353 words.

This article reviews the state’s role in the transition economies of Central and Eastern Europe. Among the countries, Poland is perceived as the leader because it was the first economy to...

Is Foreign Aid Fungible? Evidence from the Education and Health Sectors

Nicolas Van de Sijpe.

in The World Bank Economic Review

June 2013; p ublished online October 2012 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; International Finance; National Government Expenditures and Related Policies; Development Planning and Policy. 14925 words.

This paper adopts a new approach to the issue of foreign aid fungibility. Unlike most existing empirical studies, I employ panel data that contain information on the specific purposes for...

Macroeconomic Effects From Government Purchases and Taxes

Robert J. Barro and Charles J. Redlick.

in The Quarterly Journal of Economics

February 2011; p ublished online February 2011 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; National Government Expenditures and Related Policies; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue. 17845 words.

For U.S. annual data that include World War II, the estimated multiplier for temporary defense spending is 0.4–0.5 contemporaneously and 0.6–0.7 over 2 years. If the change in defense...

National accounting for infrastructure

Joe Grice.

in Oxford Review of Economic Policy

January 2016; p ublished online July 2016 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Publicly Provided Goods; National Government Expenditures and Related Policies; Economic Growth and Aggregate Productivity. 6648 words.

This article discusses how more systematic information can be compiled about the state of the UK infrastructure. It stresses the importance of considering the stock and not just the flow of...

Over-optimism in forecasts by official budget agencies and its implications

Jeffrey Frankel.

in Oxford Review of Economic Policy

December 2011; p ublished online December 2011 .

Journal Article. Subjects: National Government Expenditures and Related Policies; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 8164 words.

The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general, the forecasts are found: (i) to have a positive...

Policy coordination, conflicting national interests and the European debt crisis

Carlo Panico and Francesco Purificato.

in Cambridge Journal of Economics

May 2013; p ublished online April 2013 .

Journal Article. Subjects: National Budget, Deficit, and Debt; National Government Expenditures and Related Policies; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Monetary Policy, Central Banking, and the Supply of Money and Credit. 12585 words.

This paper tries to identify the causes of and solutions to the debt crisis, by moving from the content of a previous debate on policy coordination in the euro area and from the available...

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Sovereign Wealth Funds and Natural Resource Management in Africa

Samuel E. Wills, Lemma W. Senbet and Witness Simbanegavi.

in Journal of African Economies

September 2016; p ublished online October 2016 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; International Finance; Macroeconomic Aspects of International Trade and Finance; Corporate Governance; Corporate Regulation; Taxation, Subsidies, and Revenue; National Budget, Deficit, and Debt; Publicly Provided Goods; National Government Expenditures and Related Policies; Economic Development; Non-renewable Resources and Conservation. 8386 words.

Non-renewable resources dominate nearly one quarter of the world's economies. Over half of these economies are developing, with many in Africa. Managing resource revenues is one of the most...

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Strategies of regional development in European regions: are they efficient?

Marco Percoco.

in Cambridge Journal of Regions, Economy and Society

July 2013; p ublished online May 2013 .

Journal Article. Subjects: National Government Expenditures and Related Policies; Regional Government Analysis; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 7064 words.

A wealth of literature has focused on the effectiveness of cohesion policy for regional development. However, most studies have neglected the heterogeneous nature of such interventions. In...

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Time-Consistent Public Policy

Paul Klein, Per Krusell and José-Víctor Ríos-Rull.

in The Review of Economic Studies

July 2008; p ublished online July 2008 .

Journal Article. Subjects: National Government Expenditures and Related Policies; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 10015 words.

In this paper we study how a benevolent government that cannot commit to future policy should trade off the costs and benefits of public expenditure. We characterize and solve for...

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Walking up the Down Escalator: Public Investment and Fiscal Stability

William Easterly, Timothy Irwin and Luis Servén.

in The World Bank Research Observer

January 2008; p ublished online January 2008 .

Journal Article. Subjects: National Budget, Deficit, and Debt; National Government Expenditures and Related Policies; Development Planning and Policy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 7600 words.

When growth-promoting spending is cut so much that the present value of future government revenues falls by more than the immediate improvement in the cash deficit, fiscal adjustment...

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