A modern history of fiscal prudence and profligacy
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| Format: | Elektronisch E-Book |
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| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.]
International Monetary Fund
©2013
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| Schriftenreihe: | IMF working paper
WP/13/5 |
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| Online-Zugang: | Volltext |
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| 245 | 1 | 0 | |a A modern history of fiscal prudence and profligacy |c prepared by Paolo Mauro [and others] |
| 264 | 1 | |a [Washington, D.C.] |b International Monetary Fund |c ©2013 | |
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| 500 | |a Title from PDF title page (IMF Web site, viewed Jan. 16, 2013). - "Fiscal Affairs Department.". - "January 2013." | ||
| 500 | |a We draw on a newly collected historical dataset of fiscal variables for a large panel of countries--to our knowledge, the most comprehensive database currently available--to gauge the degree of fiscal prudence or profligacy for each country over the past several decades. Specifically, our dataset consists of fiscal revenues, primary expenditures, the interest bill (and thus both the primary and the overall fiscal deficit), the government debt, and gross domestic product, for 55 countries for up to two hundred years. For the first time, a large cross country historical data set covers both fiscal stocks and flows. Using Bohn's (1998) approach and other tests for fiscal sustainability, we document how the degree of prudence or profligacy varies significantly over time within individual countries. We find that such variation is driven in part by unexpected changes in potential economic growth and sovereign borrowing costs | ||
| 500 | |a Includes bibliographical references | ||
| 650 | 7 | |a BUSINESS & ECONOMICS / Economics / Macroeconomics |2 bisacsh | |
| 650 | 7 | |a POLITICAL SCIENCE / Economic Conditions |2 bisacsh | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 650 | 4 | |a Wirtschaft | |
| 650 | 4 | |a Fiscal policy | |
| 700 | 1 | |a Mauro, Paolo |e Sonstige |4 oth | |
| 710 | 2 | |a International Monetary Fund |b Fiscal Affairs Department |e Sonstige |4 oth | |
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| dewey-search | 339.52 |
| dewey-sort | 3339.52 |
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| discipline | Wirtschaftswissenschaften |
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| id | DE-604.BV042965700 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:13:57Z |
| institution | BVB |
| isbn | 9781475570175 1475570171 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028391568 |
| oclc_num | 824513990 |
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| physical | 1 Online-Ressource (53 pages) |
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| publishDate | 2013 |
| publishDateSearch | 2013 |
| publishDateSort | 2013 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF working paper |
| spelling | A modern history of fiscal prudence and profligacy prepared by Paolo Mauro [and others] [Washington, D.C.] International Monetary Fund ©2013 1 Online-Ressource (53 pages) txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/13/5 Title from PDF title page (IMF Web site, viewed Jan. 16, 2013). - "Fiscal Affairs Department.". - "January 2013." We draw on a newly collected historical dataset of fiscal variables for a large panel of countries--to our knowledge, the most comprehensive database currently available--to gauge the degree of fiscal prudence or profligacy for each country over the past several decades. Specifically, our dataset consists of fiscal revenues, primary expenditures, the interest bill (and thus both the primary and the overall fiscal deficit), the government debt, and gross domestic product, for 55 countries for up to two hundred years. For the first time, a large cross country historical data set covers both fiscal stocks and flows. Using Bohn's (1998) approach and other tests for fiscal sustainability, we document how the degree of prudence or profligacy varies significantly over time within individual countries. We find that such variation is driven in part by unexpected changes in potential economic growth and sovereign borrowing costs Includes bibliographical references BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Fiscal policy fast Wirtschaft Fiscal policy Mauro, Paolo Sonstige oth International Monetary Fund Fiscal Affairs Department Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=547914 Aggregator Volltext |
| spellingShingle | A modern history of fiscal prudence and profligacy BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Fiscal policy fast Wirtschaft Fiscal policy |
| title | A modern history of fiscal prudence and profligacy |
| title_auth | A modern history of fiscal prudence and profligacy |
| title_exact_search | A modern history of fiscal prudence and profligacy |
| title_full | A modern history of fiscal prudence and profligacy prepared by Paolo Mauro [and others] |
| title_fullStr | A modern history of fiscal prudence and profligacy prepared by Paolo Mauro [and others] |
| title_full_unstemmed | A modern history of fiscal prudence and profligacy prepared by Paolo Mauro [and others] |
| title_short | A modern history of fiscal prudence and profligacy |
| title_sort | a modern history of fiscal prudence and profligacy |
| topic | BUSINESS & ECONOMICS / Economics / Macroeconomics bisacsh POLITICAL SCIENCE / Economic Conditions bisacsh Fiscal policy fast Wirtschaft Fiscal policy |
| topic_facet | BUSINESS & ECONOMICS / Economics / Macroeconomics POLITICAL SCIENCE / Economic Conditions Fiscal policy Wirtschaft |
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