However, only the multipliers of compensation of government employees are found higher during recessions and only for horizons of up to two years ahead. In non-OECD economies, the multipliers of compensation of government employees and government investment are positive but smaller than those for the...
Nondefense discretionary spending as a percent of GDP has followed a much different path. In 1962, it stood at 3.3 percent of GDP. During the next few years it quickly increased, reaching 4.1 percent of GDP by 1967. It dropped slightly after that year, but still averaged about 3.8 percent...
One major problem for Ireland is that the government is spending far too much money. Here’s a chart, based on IMF data, showing the total budgetary burden of government over the past 45 years. There are three things to note in this chart. A spending freeze in the last 1980s which is...
阅读理解The government says spending ￡4.2 million on planting trees in towns and cities will improve the quality of people's lives. But do trees really make people happy?Some British and US surveys suggest a thick green lawn, or well-landscaped yard can increase the government property prices...
Moreover, the identical inverted U-shaped pattern of these two curves implies that it is possible to determine a maximum level of spending that allows policymakers to manage and allocate public resources in such a way that economic growth policies and energy policies are compatible with each other...
The government says spending £4.2 million on planting trees in towns and cities will improve the quality of people's lives.But do trees really make people happy? Some British and US surveys suggest a thick green lawn,or well-landscaped yard can increase the government property prices by as...
Moreover, it contains information on the future path of government spending. It may thus affect uncertainty about future government spending. The main findings can be summarized as follows. First, government spending policy uncertainty has prolonged negative effects on economic activity and those ...
Over the last 30 years, a number of countries, particularly nations with advanced economies, have adopted fiscal policies incorporating some form of the golden rule. Whether effected as law or as the policy of a governing party, these policies generally provided exceptions for economic emergencies....
Spending cuts must take the long view The days of "growing our way out of recession" are over. It's austerity measures from now on. We know the UK government's budget plans (doi:10.1136/bmj.c3390), but what should governments around the world be doing to improve health? Shou... F ...
Social Spending and Human Development in Selected West African Countries The fundamental focus of economic development is the development of the human person, and over the years, there has been a common consensus among developme... CG Iheoma - 《Mpra Paper》 被引量: 1发表: 2012年 SCR091593....