scholarly journals Foreign Aid, Investment and Fiscal Policy Behavior: Theory and Empirical Evidence

2014 ◽  
Author(s):  
Simplice A. Asongu ◽  
Mohamed Jellal
Keyword(s):  
Fiscal Policy ◽  
Foreign Aid ◽  
Empirical Evidence ◽  
Behavior Theory ◽  
Policy Behavior

scholarly journals Foreign aid— real exchange rate Nexus: Empirical evidence from Ghana

2018 ◽  
Vol 6 (1) ◽  
pp. 1499184 ◽  
Author(s):  
Derick Taylor Adu ◽  
Elisha Kwaku Denkyirah ◽  
Christian Nsiah
Keyword(s):  
Exchange Rate ◽  
Foreign Aid ◽  
Real Exchange Rate ◽  
Empirical Evidence

Effect of credibility and reputation on discretionary fiscal policy: empirical evidence from Colombia

2016 ◽  
Vol 53 (4) ◽  
pp. 1529-1552 ◽  
Author(s):  
Juan Camilo Galvis Ciro ◽  
Helder Ferreira de Mendonça
Keyword(s):  
Fiscal Policy ◽  
Empirical Evidence ◽  
Discretionary Fiscal Policy

Default Risk and the Effects of Fiscal Policy on Interest Rates: 1929–1945

1988 ◽  
Vol 16 (3) ◽  
pp. 357-373
Author(s):  
David Bowles ◽  
Holley Ulbrich ◽  
Myles Wallace
Keyword(s):  
Fiscal Policy ◽  
Interest Rates ◽  
Empirical Evidence ◽  
Risk Premium ◽  
Default Risk ◽  
Corporate Bonds ◽  
Private Investment ◽  
Crowding Out ◽  
Government Bonds ◽  
Macroeconomic Models

Conventional macroeconomic models suggest that expansionary fiscal policy causes higher interest rates, resulting in crowding out of private investment. In this article, we argue that such models ignore the default risk differential between the interest rates on government bonds and corporate bonds. If expansionary fiscal policy causes an expansion in real GNP, default risk falls on corporate bonds. Our model suggests that if the default risk premium falls, (1) corporate interest rates may fall relative to rates on government bonds and (2) private investment is crowded in. We find some supporting empirical evidence of this effect for the period 1929–1945.

scholarly journals Do fiscal policies influence educated young voters? Empirical evidence from Finland

2013 ◽  
Vol 6 ◽  
pp. 7-14
Author(s):  
Takis Venetoklis
Keyword(s):  
Higher Education ◽  
Fiscal Policy ◽  
University Students ◽  
Empirical Evidence ◽  
Policy Preferences ◽  
Fiscal Policies ◽  
Voting Behaviour ◽  
Young Voters ◽  
Parliamentary Elections

We examine Finnish university students’ fiscal policy preferences and how they are associated with their voting behaviour in two consecutive parliamentary elections, 2003 and 2007. Data is collected through an internet based survey. The study utilises a very large number of responses (N=33320) of students from all disciplines, in all higher education establishments of the country. Fiscal policy preferences are operationalized with questions on budgetary appropriations allocated towards several Ministries. Pair wise comparisons among loyal student voters of all parties and students that changed their vote in the latter election, indicate that several fiscal policies affect significantly the voting behaviour of the population under scrutiny.

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