Relevant bibliographies by topics / Government budget deficits

Academic literature on the topic 'Government budget deficits'

Author: Grafiati
Published: 10 December 2022
Last updated: 28 January 2023

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Contents

Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Government budget deficits.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Journal articles on the topic "Government budget deficits"

1

Shabbir, Tayyeb, and Ayaz Ahmed. "Are Government Budget Deficits Inflationary? Evidence from Pakistan." Pakistan Development Review 33, no. 4II (December 1, 1994): 955–67. http://dx.doi.org/10.30541/v33i4iipp.955-967.

Full text
Abstract:
In academia as well as policy-making institutions, there has been a long standing interest in analysing the phenomenon of inflation. Amongst the possible determinants of inflation, budget deficits may be one whose importance might have grown since the oil price hikes of 1973-74 and in 1979. For many a developing countries these increases in oil price have been responsible for the massive current account deficits as well as rapidly increasing domestic budget deficits of the last decade or so. During the 1980s, the budget deficit for Pakistan also grew rapidly reaching a record high of 8.6 percent of the G D P in 1987-88. Lately in the backdrop of the recent structural adjustment programmes, there has been much interest in determining the optimal size and the macro economic role of the budget deficits. However, despite its growing importance, the effects of budget deficits are not well understood.
APA, Harvard, Vancouver, ISO, and other styles
2

Bohn, Henning. "Budget deficits and government accounting." Carnegie-Rochester Conference Series on Public Policy 37 (December 1992): 1–83. http://dx.doi.org/10.1016/0167-2231(92)90001-y.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Bohn, Henning. "Budget deficits and government accounting." Carnegie-Rochester Conference Series on Public Policy 37 (December 1992): 93–95. http://dx.doi.org/10.1016/0167-2231(92)90003-2.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Alt, James E., and Robert C. Lowry. "Divided Government, Fiscal Institutions, and Budget Deficits: Evidence from the States." American Political Science Review 88, no. 4 (December 1994): 811–28. http://dx.doi.org/10.2307/2082709.

Full text
Abstract:
Does partisan control of American state government have systematic effects on state spending and taxing levels? Does divided control affect the government's ability to make hard decisions? Do institutional rules like legal deficit carryover restrictions matter? Using a formal model of fiscal policy to guide empirical analysis of data covering the American states from 1968 to 1987, we conclude that (1) aggregate state budget totals are driven by different factors under Democrats and Republicans, the net result being that Democrats target spending (and taxes) to higher shares of state-level personal income; (2) divided government is less able to react to revenue shocks that lead to budget deficits, particularly where different parties control each chamber of the legislature; and (3) unified party governments with restricted ability to carry deficits into the next fiscal year (outside the South) have sharper reactions to negative revenue shocks than those without restrictions.
APA, Harvard, Vancouver, ISO, and other styles
5

Pandit, Jaideep J. "Modern monetary theory for the post-pandemic NHS: why budget deficits do not matter." British Journal of Healthcare Management 28, no. 1 (January 2, 2022): 37–46. http://dx.doi.org/10.12968/bjhc.2021.0087.

Full text
Abstract:
NHS clinical directors are responsible for balancing departmental budgets, which can encompass staffing, equipment and operating theatres. As trust income is generally fixed, expenditure reduction is often attempted via recurrent cost improvement plans. In orthodox monetary theory, a departmental deficit contributes first to the hospital, then to the NHS, then to the national deficit. In the orthodox view, governments in deficit need to increase taxes and/or borrow money by issuing bonds (akin to mortgage loans), the interest on which is paid off for generations. Modern monetary theory offers a different perspective: government deficits do not matter as much as orthodox theory claims, if at all. This is because governments have the monopoly right to create the money in which the deficit is denominated (so do not ever need to borrow something that they can create). Therefore governments cannot default on debt in their own currency. Furthermore, government deficits equate to private surplus. This new perspective should influence microeconomic budget management at the clinical director level: the new emphasis being to deliver value and not just implement local savings to eliminate departmental deficits. This approach will become increasingly important in managing the huge surgical waiting lists that have accumulated during the COVID-19 pandemic.
APA, Harvard, Vancouver, ISO, and other styles
6

Haan, Jakob de. "Democracy, Elections and Government Budget Deficits." German Economic Review 15, no. 1 (February 1, 2014): 131–42. http://dx.doi.org/10.1111/geer.12022.

Full text
Abstract:
Abstract I review research on the relationship between democracy and government indebtedness. I first discuss whether the extent to which politicians use fiscal policy for reelection purposes is conditioned by a country’s experience with democracy. Political budget cycles are not confined to young democracies, but evidence suggests that in younger democracies such cycles are more likely and also stronger than in more mature democracies. Next, I discuss whether the use of fiscal policy by the incumbent increases his/her chances for reelection. Research discussed suggests that political parties in government benefit to some extent if fiscal policy turns expansionary before elections occur.
APA, Harvard, Vancouver, ISO, and other styles
7

Douglas, James W., and Ringa Raudla. "What Is the Remedy for State and Local Fiscal Squeeze During the COVID-19 Recession? More Debt, and That Is Okay." American Review of Public Administration 50, no. 6-7 (July 15, 2020): 584–89. http://dx.doi.org/10.1177/0275074020941717.

Full text
Abstract:
The COVID-19 crisis is placing a tremendous fiscal squeeze on state and local governments in the United States. We argue that the federal government should increase its deficit to fill in the fiscal gap. In the absence of sufficient federal assistance, we recommend that states suspend their balanced budget rules and norms and run deficits in their operating budgets to maintain services and meet additional obligations due to the pandemic. A comparison with Eurozone countries shows that states have more than enough debt capacity to run short-term deficits to respond to the crisis.
APA, Harvard, Vancouver, ISO, and other styles
8

Wibowo, Muhammad Ghafur. "Twin Deficit Phenomena in the Two Government Eras in Indonesia." Jurnal Analisis Bisnis Ekonomi 18, no. 1 (May 17, 2020): 36–48. http://dx.doi.org/10.31603/bisnisekonomi.v18i1.2994.

Full text
Abstract:
The aim of this study is to analyze the development of the budget deficit and current account deficit in Indonesia in the era of President SBY and President Jokowi and to compare between the two eras. This study also analyzes the relationship of twin deficits to the Gross Domestic Product (GDP) and the interest rate (r). The analytical tool used was independent t-test (for comparison) and Vector Auto-Regressive (VAR). The data used comes from the International Monetary Fund (IMF), 2004:Q1-2018: Q3. The result showed that the budget deficit was the same in the two eras of government, but the trade balance deficit in the era of President Jokowi was far higher than before. The budget deficit has a significant effect on the trade balance deficit but does not apply otherwise (no causality). Variable gross domestic product and interest rates significantly influence both types of deficits.
APA, Harvard, Vancouver, ISO, and other styles
9

Bonello, Frank J. "Government Deficits And The Public Debt: The Endless Controversy." Journal of Applied Business Research (JABR) 1, no. 1 (November 2, 2011): 22. http://dx.doi.org/10.19030/jabr.v1i1.6591.

Full text
Abstract:
No economic topic has attracted more attention during the 1980s than the size of Federal government budget deficits and the corresponding rapid rise in the public debt. Crowding out news regarding Third World debt problems, U.S. foreign trade deficits, and the break up of American Telephone and Telegraph, Federal government budget deficits have been blamed for everything from high interest rates to the deterioration in the moral fiber of the American people. Deficits and debt have also caused political reversal: historically free spending Democrats blaming Reagan deficits for a variety of economic ills while the conservative Republican president treats the deficit with benign neglect.The purpose of this paper is not to answer all of the questions that have been raised regarding the causes and consequences of government deficits and debt. The initial concern is instead with the facts and figures on the absolute and relative size of the Federal governments recent deficits and debt. Next certain measurement issues are addressed for there is a continuing debate regarding appropriate procedures for expressing the governments budgetary outcomes. The third and final section of the paper reviews some of the arguments, theoretical and empirical, on the relation between deficits and debt on the one hand and interest rates on the other. In each section the intent is to survey rather than to present new theoretical arguments or new empirical evidence.
APA, Harvard, Vancouver, ISO, and other styles
10

Potrafke, Niklas, Marina Riem, and Christoph Schinke. "Debt Brakes in the German States: Governments’ Rhetoric and Actions." German Economic Review 17, no. 2 (May 1, 2016): 253–75. http://dx.doi.org/10.1111/geer.12089.

Full text
Abstract:
AbstractIn 2009, a new law on German debt brakes was passed: state governments are not allowed to run structural deficits after 2020. Consolidation strategies initiated between 2009 and 2020 influence if a state can comply with the debt brake in 2020. We describe to what extent government ideology predicts if state governments consolidate budgets and which fiscal adjustment path they choose. Attitudes toward budget consolidation, as expressed by politicians’ rhetoric in the public debate, differed among parties. Anecdotal evidence and descriptive statistics indicate that leftwing governments ran on average higher structural deficits than rightwing governments between 2010 and 2014. Primary deficits, however, hardly differed under leftwing and rightwing governments. Revenues of federal taxes were much higher than expected and facilitated budget consolidation. Leftwing governments did not need to run deficits to design generous budgets. It is conceivable that parties confirmed their identity by using expressive rhetoric, but responded to shifts in public opinion after the financial crisis and pursued more sustainable fiscal policies when in office.
APA, Harvard, Vancouver, ISO, and other styles
More sources

Dissertations / Theses on the topic "Government budget deficits"

1

Roesel, Felix. "The Political Economy of Fiscal Supervision and Budget Deficits: Evidence from Germany." Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden, 2017. http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-217869.

Full text
Abstract:
In many federal countries, local governments run large deficits, even when fiscal supervision by state authorities is tight. I investigate to which extent party alignment of governments and fiscal supervisors influences budget deficits. The dataset includes 427 German local governments for the period 2000–2004. I exploit a period after a far-reaching institutional reform that entirely re-distributed political powers on both the government level and the fiscal supervisor level. Results do not show that party alignments of governments and supervisors (co-partisanship) drive short-term deficits. Instead, I find that the ideology of partisan governments and supervisors matters: left-wing local governments run higher deficits than their right-wing counterparts; left-wing supervisors tolerate higher deficits than right-wing supervisors. These findings imply that political independence for fiscal supervisors is recommended.
APA, Harvard, Vancouver, ISO, and other styles
2

Patrick, Ray V. "Missouri school district reactions to revenue shortfalls /." free to MU campus, to others for purchase, 1996. http://wwwlib.umi.com/cr/mo/fullcit?p9720554.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Killingsworth, John Howard. "An empirical investigation into the effects of government borrowing upon investment by the private sector." Thesis, Georgia Institute of Technology, 1993. http://hdl.handle.net/1853/28577.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Phillips, Justin H. "The political economy of state tax policy : the effects of electoral outcomes, market competition, and political institutions /." Diss., Connect to a 24 p. preview or request complete full text in PDF format. Access restricted to UC IP addresses, 2005. http://wwwlib.umi.com/cr/ucsd/fullcit?p3191999.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Vieira, Carlos Manuel Rodrigues. "The sustainability of fiscal policies : a study of the European Union." Thesis, Loughborough University, 1999. https://dspace.lboro.ac.uk/2134/10548.

Full text
Abstract:
The concern with persistant high government deficits and debts has been one of the most controversial and discussed issues among academics and policymakers during the last two decades of the twentieth century. Despite recent efforts towards fiscal consolidation in most developed countries, expensive welfare programs and unfunded social security systems can exert a considerable strain on public finances over the next generations. The main objective of this thesis is to investigate whether current fiscal policies are sustainable, that is, able to guarantee the government's solvency, and what are the consequences of unsustainability on monetization, inflation and interest rates. The first question is tested by examining the long-run univariate and multivariate stochastic properties of the fiscal variables, as implied by the intertemporal budget constraint. The second question is assessed within a vector autoregressive framework, which allows the consideration of feedback mechanisms often neglected in the literature. More specifically, the econometric methodology employed throughout the study comprises recent developments in cointegration analysis, panel data techniques, bounds-ARDL procedure, and Granger non-causality. The empirical analysis is focused on a comparative study of six core members of the European Union, during the post-war period: Belgium, France, Germany, Italy, Netherlands and United Kingdom. The evidence suggests that only Germany and the Netherlands have been following a sustainable fiscal path, although the latter remains vulnerable to the consequences of an ever-increasing stock of debt. However, unsustainable fiscal policies do not seem to have imposed an excessive burden on monetary policies, as predicted by the conventional economic theory. Apart from Italy, there is no empirical evidence that high deficits necessarily imply monetary financing, growing inflation and rising interest rates.
APA, Harvard, Vancouver, ISO, and other styles
6

Guo, Hai. "Setting Discretionary Fiscal Policy within the Limits of Budgetary Institutions: Evidence from American State Governments." Atlanta, Ga. : Georgia Institute of Technology, 2008. http://hdl.handle.net/1853/24738.

Full text
Abstract:
Thesis (Ph.D.)--Public Policy, Georgia Institute of Technology, 2008.
Committee Chair: Willoughby, Katherine; Committee Member: Eger, Robert; Committee Member: Kingsley, Gordon; Committee Member: Sjoquist, David; Committee Member: Wallace, Sally.
APA, Harvard, Vancouver, ISO, and other styles
7

Mytrofanova, A. S. "Government Budget Deficit: Essence, Factors, Indices." Thesis, Romanian Association of Young Scholars (RAYS), 2017. http://repository.kpi.kharkov.ua/handle/KhPI-Press/37837.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Wiljander, Filip. "Politiska faktorers effekt på offentliga budgetunderskott : En kvantitativ studie med paneldata över svenska kommuner 1998-2014." Thesis, Uppsala universitet, Statsvetenskapliga institutionen, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-273914.

Full text
Abstract:
In this paper theories regarding the effect of ideology and government type on public budget deficits are put to a test. Following the least likely-method I construct panel data on Swedish municipalities between 1998 and 2014. The data includes four political variables: the local government’s ideology, majority rule, coalition rule and number of parties in the coalition, and several control variables. The results using a fixed effects-model show that there are no effects of neither ideology, majority rule, coalition rule nor the coalition’s number of parties on Swedish municipalities’ budget deficits.
APA, Harvard, Vancouver, ISO, and other styles
9

Chmelová, Pavla. "Analýza vývoje hospodaření veřejných rozpočtů České republiky od roku 1993 do současnosti." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-113270.

Full text
Abstract:
Objective of this diploma thesis is to process analysis of development of revenues, expenditures and deficit of the state budget in the Czech Republic and to characterize the main economic trends, state of public funds and the economy at large. There are identified shares of exogenous influences, accepted reforms and measures in the economic development during the period from 1993 up to 2010. Theoretic -- methodological part is divided into three parts, the first one describes fiscal policy in general. The second part deals with the state budget, its revenue and expenditure side and very current field of debt financing. In the last part there is processed tax theory and conception of the flat tax from theoretical point of view. Practical part is introduced by description of the economic starting state of the Czech Republic. This is followed by the list of economic events and political measures that formed the final shape of public funds. Furthermore there is carried out the analysis of state budget development. Subject of the analysis is the extent and structure of both revenue and expenditure side of the state budget, budget balance and the government debt. Part of this thesis is also the analysis of development of macroeconomic indicators, specifically it is the GDP growth, unemployment rate and inflow of foreign funds. In the conclusion of the diploma thesis there is the successfulness of examined budget and fiscal policy evaluated and there are drawn some suggestions for the field of public funds in the coming years.
APA, Harvard, Vancouver, ISO, and other styles
10

Kučerová, Alena. "Dopady finanční krize na vybrané segmenty ekonomiky ČR a na státní rozpočet." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-192636.

Full text
Abstract:
This thesis deals with the problems of the global financial crisis and its impact on the Czech Republic since 2007 with a more specific focus on the period 2011 - 2013. The first part focuses on the definition of the financial crisis, to analyze its cause and also to the effects of crisis on the global economy and world financial markets. In the second part of the study evaluated the effects of crisis on the real economy of the Czech Republic in terms of selected indicators. The third part is devoted to expressions of crisis in the income and expenditure of the state budget, the budget deficit and government debt and the effect of crisis for the fulfillment of the Maastricht convergence criteria. The conclusion is devoted econometric modeling, which aims to prove the hypothesis that the work analyzes the selected indicators have influenced the development of indicators of ratio of government debt to the GDP and the proportion of public deficit to GDP in the period.
APA, Harvard, Vancouver, ISO, and other styles
More sources

Books on the topic "Government budget deficits"

1

Fischer, Stanley. The economics of the government budget constraint. Washington DC (1818 H St. NW, Washington 20433): World Bank, 1989.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
2

Battling America's budget deficits. New York: Committee for Economic Development, 1989.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
3

Office, General Accounting. Budget deficit. Washington, D.C: The Office, 1994.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
4

Roubini, Nouriel. Government spending and budget deficits, industrial economies. Cambridge, MA: National Bureau of Economic Research, 1989.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
5

Stokes, Ernie. The economics of government deficits, debt, and deficit reduction. Toronto, Ont: WEFA Canada, 1993.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
6

Spending and deficits. Washington, D.C: American Enterprise Institute for Public Policy Research, 1987.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
7

Office, General Accounting. The budget deficit. Washington, D.C: The Office, 1988.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
8

Office, General Accounting. The budget deficit. Washington, D.C: U.S. General Accounting Office, 1988.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
9

Brashear, David. Government in crisis: What every American should know about the federal budget deficit. Alexandria, Va: Chesapeake River Press, 1991.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
10

Government budget deficits, interest rates, and the economy. 2nd ed. Dubuque, Iowa: Kendall/Hunt Pub. Co., 1989.

Find full text
APA, Harvard, Vancouver, ISO, and other styles
More sources

Book chapters on the topic "Government budget deficits"

1

van Velthoven, Ben C. J. "Towards A Behavioural-Theoretic Analysis of Budget Deficits." In The Endogenization of Government Behaviour in Macroeconomic Models, 249–92. Berlin, Heidelberg: Springer Berlin Heidelberg, 1989. http://dx.doi.org/10.1007/978-3-642-74591-1_9.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Walker, John F. "4. Budget Deficits and the Quality of Presidential Administrations: 1789–1960." In The Inevitability of Government Growth, 62–69. New York Chichester, West Sussex: Columbia University Press, 1990. http://dx.doi.org/10.7312/vatt93618-007.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Nakazato, Tooru. "Intertemporal Tax Smoothing and Budget Deficits in Japan: 1957–1997." In Government Deficit and Fiscal Reform in Japan, 27–43. Boston, MA: Springer US, 2002. http://dx.doi.org/10.1007/978-1-4757-3528-4_3.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Fujioka, Akifusa. "Budget Deficits of the Central Government and the Decentralization of Local Governments." In New Frontiers in Regional Science: Asian Perspectives, 127–43. Singapore: Springer Nature Singapore, 2022. http://dx.doi.org/10.1007/978-981-16-4501-3_9.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Barrows, David. "The National Debt Is Irrelevant: Some Unsettling Questions Regarding Government Budget Deficits." In Debates in Monetary Macroeconomics, 93–109. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-11240-9_5.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Ghiglino, Christian, and Karl Shell. "The economic effects of restrictions on government budget deficits: imperfect private credit markets." In Studies in Economic Theory, 213–35. Berlin, Heidelberg: Springer Berlin Heidelberg, 2004. http://dx.doi.org/10.1007/978-3-662-05858-9_11.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Graff, Michael. "Governments Must Reduce Budget Deficits." In Economic Ideas You Should Forget, 67–68. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-47458-8_27.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Datta, Kanchan. "Does Budget Deficit Cause Current Account Deficit in SAARC Countries?" In Optimum Size of Government Intervention, 149–66. London: Routledge India, 2021. http://dx.doi.org/10.4324/9781003026495-13.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

AL-Majali, Ahmed, and Sulieman A. L. Oshaibat. "Impact of Covid19 on the Government Budget Deficit." In Explore Business, Technology Opportunities and Challenges ‎After the Covid-19 Pandemic, 1470–78. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-08954-1_127.

Full text
APA, Harvard, Vancouver, ISO, and other styles
10

Baldassarri, Mario, and M. Gabriella Briotti. "The Government Budget and the Italian Economy During the 1970s and 1980s: Causes of the Debt, Strategy for Recovery, and Prospects for Restructuring." In Debt, Deficit and Economic Performance, 341–404. London: Palgrave Macmillan UK, 1993. http://dx.doi.org/10.1007/978-1-349-22919-2_11.

Full text
APA, Harvard, Vancouver, ISO, and other styles

Conference papers on the topic "Government budget deficits"

1

Baigonushova, Damira. "Testing the Twin Deficit Hypothesis for Kyrgyzstan Economy." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01413.

Full text
Abstract:
Twin deficits hypothesis suggests that there is a positive relationship between budget and current account deficits. The present study examines Twin Deficits Hypothesis over the period of 2005:01–20013:12 in Kyrgyzstan by using Vector Autoregressive Model technique. The results show that there are relationships between government expenditure, export and import. The causalities are from government expenditure to export and import. These results confirm the Keynesian view, which asserts the existence of twin deficits, meaning that the state budget deficit at weak real economy, in an open economy, increase imports, which is the cause of twin deficits in the economy of Kyrgyzstan. To solve the problem of twin deficits, the state must pursue an active foreign trade policy in addition to fiscal policy, as it is proven empirically the state budget deficit has a big impact on trade deficit, but not the main factor of trade deficit.
APA, Harvard, Vancouver, ISO, and other styles
2

Mehmetaj, Nevila. "Twin Deficits: Apparition or Reality for Albania." In 6th International Scientific Conference – EMAN 2022 – Economics and Management: How to Cope With Disrupted Times. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2022. http://dx.doi.org/10.31410/eman.2022.17.

Full text
Abstract:
This study examines the validity of the Keynesian Twin Deficits hy­potheses (TDH) for Albania, using time series data of the span period from 2008 to 2021. The twin deficit hypothesis implies a long-run positive correla­tion running from the budget deficit to the current account deficit. For this, the Stationarity test, the Johansen co-integration test, the Granger causali­ty, and VEC model techniques are used to examine the long-run and short-run relationship between budget balance, current account deficit, and real growth rate. The empirical findings suggest that the Keynesian twin deficits hypothesis is not valid in the context of the Albanian economy, the budget deficit has a negative relationship to the current account deficit. The policy implication of the results is that prudent management of the fiscal budget of the government may not prove to be a suitable policy instrument for the evaluation of the current account balance improvement.
APA, Harvard, Vancouver, ISO, and other styles
3

Ünlükaplan, İlter, Volkan Yurdadoğ, and Ebru Canıkalp. "Fiscal Rules, Creative Accounting and Fiscal Transparency: An Evaluation on the Transition Economies." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01324.

Full text
Abstract:
An anonymous idea is observed in the public finance literature that includes where fiscal rules, i.e numerical rules on the fiscal indicators, are strict and stringent, policy executives will have incentives to recourse to creative accounting implementations to overcome these numerical limits. Creative accounting is applied for demonstrating economic, especially fiscal indicators better than the originals to reach the necessary fiscal limit, even if they are primarily conducted by private firms. Many countries applied these illusory implementations to hide their reported budget deficits especially in the last global crisis period. With this manner, creative accounting violates the basic principles of governance in public finance. In this context, governments should have to establish statistical classification structure and government accounting system that aims to prevent creative accounting. With this dimension, fiscal transparency will prevent from creative accounting implementations. In this study, the relationship between fiscal rules and creative accounting on the public finance administration level will be determined and fiscal transparency suggestions that prevent these frauds in the economies will be evaluated. As a result, the practice of good governance in public finance should be implemented to provide financial transparency. In addition, the reforms about transparency in the legislation should be consider as an important proposal.
APA, Harvard, Vancouver, ISO, and other styles
4

Savu, Nicoleta Andreea. "BUDGET DEFICIT AND PUBLIC DEBT: GOVERNMENT FINANCE STATISTICS SYNECDOCHE." In SGEM 2014 Scientific SubConference on POLITICAL SCIENCES, LAW, FINANCE, ECONOMICS AND TOURISM. Stef92 Technology, 2014. http://dx.doi.org/10.5593/sgemsocial2014/b22/s6.013.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Bedir, Serap, and Arzu Tural Dikmen. "Fiscal Deficit and Inflation: New Evidences from Turkey Using a Bounds Testing Approach." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.00915.

Full text
Abstract:
A well-established theory in macroeconomics is that governments running persistent deficits have sooner or later to finance those deficits with money creation, thus producing inflation. The fiscal view of inflation has been especially prominent in the developing country literature, which has long recognized that less efficient tax collection, political instability, and more limited access to external borrowing tend to lower the relative cost of seigniorage and increase dependence on the inflation tax. For this reason, the main factors which affecting inflation rate in developing countries are extremely important for policy makers as when the causes of inflation are correctly specified the appropriate policy change can be easily diagnosed and effectively implemented. The purpose of this study is to test the empirical relationship between inflation and the budget deficit for the Turkish economy by an autoregressive distributed lag model (ARDL) analysis for the period 1970–2010. The data is taken from Republic of Turkey Ministry of Development and World Bank’s Database. The empirical findings indicates that fiscal deficit is one of the important variables of the price level along with other variables like interest rates, exchange rate, per capita income, trade of GDP. The short-run analysis captured from error correction model (ECM). The results of the bounds test suggest that there is a long run relationship between fiscal deficit and inflation. These findings drive important inferences for implications of monetary and fiscal policies.
APA, Harvard, Vancouver, ISO, and other styles
6

Bal, Harun, Ayat Abdelrahim Suliman Esaa, and Esma Erdoğan. "The Foreign Debt and Economic Growth in Sub-Saharan Africa." In International Conference on Eurasian Economies. Eurasian Economists Association, 2022. http://dx.doi.org/10.36880/c14.02622.

Full text
Abstract:
The growing levels of external debt in developing countries are increasingly a worldwide problem, particularly in Sub-Saharan African countries, where the expanding portfolio of foreign debts, debt servicing rates, and debt overhang cause alarm and global concern. The likelihood of relatively good outcomes of the interaction between external debt and economic growth is based on the government's attempts to maintain a sustainable debt-to-GDP ratio, a low budget deficit, and that the external debt is utilized primarily for capital investments. Under other conditions, the government would confront a circumstance in which accumulated foreign debt levels stifle economic progress, particularly when debt levels rise over time and are poorly managed. In this context, this study aims to examine the association between foreign debt and economic growth in Sub Sahara African countries during the period from 1980 to 2019. The study employed the Dynamic Panel Threshold Regression analysis to investigate the differential impact of foreign debt on economic growth below and above a threshold. The empirical results highlight the existence of a nonlinear relationship between foreign debt on economic growth above the debt threshold during the examined period. Empirical evidence suggests significant policy prescriptions; Sub Sahara African governments should use solid methods of generating domestic income to supplement outside sources of funding, such as the inclusion of domestic informal businesses on a shared cutting-edge platform to ensure successful domestic revenue collection.
APA, Harvard, Vancouver, ISO, and other styles
7

Ivanova, Oksana Evgenevna, and Natalia Valentinovna Parkhomenko. "Role of Municipal Finances in Modern Economy." In All-Russian scientific and practical conference with international participation. Publishing house Sreda, 2021. http://dx.doi.org/10.31483/r-97506.

Full text
Abstract:
Currently, Russia is undergoing transformational processes that require a revision of the understanding of the nature and role of municipal Finance in the modern economy. The article presents the definitional certainty of the category "municipal Finance", scientific approaches to the structure and composition of municipal Finance, sources of financial resources of the municipality, as well as elements of municipal Finance. It is concluded that the role of municipal Finance in the modern economy is predetermined by the challenges associated with economic instability, budget deficit, on the other hand, the prerequisites for revising the current approach associated with expanding the understanding of the role of the population, local self-government bodies in the process of economic development of territories
APA, Harvard, Vancouver, ISO, and other styles
8

Karluk, S. Rıdvan. "Effects of Global Economic Crisis on Kyrgyzstan Economy and Developments in Economic Relations between Turkey and Kyrgyzstan." In International Conference on Eurasian Economies. Eurasian Economists Association, 2011. http://dx.doi.org/10.36880/c02.00239.

Full text
Abstract:
The global crisis which started in September 2008 adversely affected many global economies and also Kyrgyzstan economy. Kyrgyzstan economy which declined and experienced a severe recession in 2009 due to the crisis started recovering from the adverse effects of the crisis after 2010. What lie beneath this positive development is increased foreign exchange revenues abroad and vigor experienced in construction industry and industrial production. The recovery experienced in economies of Russia and neighbor Kazakhstan resulted in increased exports and thus increased revenues in foreign currencies obtained from foreign countries. The political disturbances experienced in Bishkek in April 2011 and ethnic conflicts experienced in southern Kyrgyzstan in June 2011, created an adverse effect on the economy. The crisis resulted in degradation of investment environment, adversely influenced the foreign investments and increased the current account deficit. These developments adversely influenced the banking sector too. The government attempted to diminish effects of the crisis through financial incentives. The budget deficit emerged as a result of crisis was attempted to be closed through support secured from International Monetary Fund (IMF). IMF, World Bank and Asian Development Bank lent great support to invigorating Kyrgyzstan economy after events of April and July. According to IMF, if political instability goes on in Kyrgyzstan in medium and long term, economic problems shall continue. Uncertainties in banking sector are amongst the main factors which increase the economic risks. Recovery of Kyrgyzstan economy is dependent on medium term financial policy measures to be applied to the economy and balancing the foreign trade.
APA, Harvard, Vancouver, ISO, and other styles
9

Šturanović, Petar. "NARODNA SKUPŠTINA PO VIDOVDANSKOM USTAVU." In 100 GODINA OD VIDOVDANSKOG USTAVA. Faculty of law, University of Kragujevac, 2021. http://dx.doi.org/10.46793/zbvu21.221s.

Full text
Abstract:
The author gives his view of the Constitution of the Kingdom of Serbs, Croats and Slovenes of 1921, pointing out its importance at that time, but also its shortcomings. The choice of a centralist, unitary state system is recognized as one of the basic aspirations of the constitution-maker, that resulted in the king's dominant position as an integrative element, which made it impossible to establish (un)wanted balances between the king and parliament. In institutional terms, orleans parliamentarism is analyzed as an established type of parliamentary system of government, and also its functioning in practice. The author analyzed the constitutional position of the National assembly, emphasizing its weakness in relations with the king, explaining instruments such as the absolute legislative veto, through which the king exercised supremacy in the legislative sphere despite the constitutional proclamation to exercise legislative competence jointly. The unlimited right to dissolve the assembly, despite the undivided opinion of the constitutional theory on the prohibition of successive dissolution, further weakened the position of the National assembly, and established the king as an inviolable arbiter in resolving parliamentary crises, which may ultimately confront the people's will. The king's unrestricted right to dissolve parliament usurped the budgetary right of the National assembly, as one of the foundations of the parliamentary system, which further made it possible for the executive to rule without a budget. Constrained by the constitutional arrangement, insufficient representative functions, burdened by the democratic deficit, the National assembly proved to be weak in articulating various political interests, but was the scene of party and national tensions.
APA, Harvard, Vancouver, ISO, and other styles

Reports on the topic "Government budget deficits"

1

Roubini, Nouriel, and Jeffrey Sachs. Government Spending and Budget Deficits in the Industrial Economies. Cambridge, MA: National Bureau of Economic Research, April 1989. http://dx.doi.org/10.3386/w2919.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Feldstein, Martin. Government Spending and Budget Deficits in the 1980s: A Personal View. Cambridge, MA: National Bureau of Economic Research, April 1993. http://dx.doi.org/10.3386/w4324.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Barro, Robert. Government Spending, Interest Rates, Prices, and Budget Deficits in the United Kingdom, 1701-1918. Cambridge, MA: National Bureau of Economic Research, August 1986. http://dx.doi.org/10.3386/w2005.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Leiderman, Leonardo, and Assaf Razin. Consumption and Government-Budget Finance in a High-Deficit Economy. Cambridge, MA: National Bureau of Economic Research, September 1986. http://dx.doi.org/10.3386/w2032.

Full text
APA, Harvard, Vancouver, ISO, and other styles
You might also be interested in the extended bibliographies on the topic 'Government budget deficits' for particular source types:
Journal articles Dissertations / Theses Books
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography