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Douglas Sutherland

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.

    Mentioned in:

    1. L’austérité plus que toujours en question
      by jcbriquet in Ressources pour économistes on 2012-04-17 16:32:27
  2. Douglas Sutherland & Robert Price & Isabelle Joumard & Chantal Nicq, 2007. "Performance Indicators for Public Spending Efficiency in Primary and Secondary Education," OECD Economics Department Working Papers 546, OECD Publishing.

    Mentioned in:

    1. Investissement social, une stratégie pour l’avenir ?
      by david.marguerit@gmail.com (David Marguerit) in BS Initiative on 2014-07-09 11:27:26
  3. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: How Much, How Fast and by What Means?," OECD Economic Policy Papers 1, OECD Publishing.

    Mentioned in:

    1. Gauche/Droite : La réalité de la hausse de la dette sous les différents gouvernements
      by contact@captaineconomics.fr (Le Captain') in Captain Economics on 2012-04-25 11:20:48

Working papers

  1. Damien Azzopardi & Fozan Fareed & Mikkel Hermansen & Patrick Lenain & Douglas Sutherland, 2020. "The decline in labour mobility in the United States: Insights from new administrative data," OECD Economics Department Working Papers 1644, OECD Publishing.

    Cited by:

    1. Axelle Arquié & Thomas Grjebine, 2024. "Are Mass Layoffs Individually Costly But Socially Beneficial?," Working Papers 2024-03, CEPII research center.

  2. Douglas Sutherland & Robert Price & Isabelle Joumard, 2018. "Fiscal rules for sub-central governments: Design and impact," OECD Working Papers on Fiscal Federalism 01, OECD Publishing.

    Cited by:

    1. Jeffrey Frankel & Jesse Schreger, "undated". "Over-optimistic official forecasts and fiscal rules in the eurozone," Working Paper 83126, Harvard University OpenScholar.
    2. Frankel, Jeffrey A. & Schreger, Jesse, 2012. "Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules," Working Paper Series rwp12-041, Harvard University, John F. Kennedy School of Government.
    3. Michael D. Bordo & Lars Jonung & Agnieszka Markiewicz, 2013. "A Fiscal Union for the Euro: Some Lessons from History ," CESifo Economic Studies, CESifo Group, vol. 59(3), pages 449-488, September.
    4. Foremny, Dirk, 2014. "Sub-national deficits in European countries: The impact of fiscal rules and tax autonomy," European Journal of Political Economy, Elsevier, vol. 34(C), pages 86-110.
    5. Paolo Chiades & Luciano Greco & Vanni Mengotto & Luigi Moretti & Paola Valbonesi, 2016. "Intergovernmental transfers and expenditure arrears," Temi di discussione (Economic working papers) 1076, Bank of Italy, Economic Research and International Relations Area.
    6. W. D. Gregori, 2014. "Fiscal Rules and Public Spending: Evidence from Italian Municipalities," Working Papers wp923, Dipartimento Scienze Economiche, Universita' di Bologna.
    7. Stähler, Nikolai, 2007. "Taxing deficits to restrain government spending and foster capital accumulation," Discussion Paper Series 1: Economic Studies 2007,26, Deutsche Bundesbank.
    8. Lars P. Feld, 2010. "Sinnhaftigkeit und Effektivität der deutschen Schuldenbremse," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(3), pages 226-245, August.
    9. Landon, Stuart & Smith, Constance, 2015. "The Welfare and Stabilization Benefits of Fiscal Rules: Evidence from Canadian Provinces," Working Papers 2015-13, University of Alberta, Department of Economics.
    10. Foremny, Dirk, 2011. "Vertical aspects of sub-national deficits: the impact of fiscal rules and tax autonomy in European countries," MPRA Paper 32998, University Library of Munich, Germany.
    11. Giuriato, Luisa & Gastaldi, Francesca, 2008. "The Domestic Stability Pact: Assessment of the Italian experience and comparison with the other EMU countries," MPRA Paper 14455, University Library of Munich, Germany.
    12. Paul Van Rompuy, 2016. "Sub-national Tax Autonomy and Deficits: Empirical Results for 27 OECD Countries," Regional Studies, Taylor & Francis Journals, vol. 50(7), pages 1248-1259, July.
    13. lahlou, kamal, 2017. "Conduite de la politique budgétaire: enseignements des expériences internationales et évidences des fonctions de réaction [Fiscal policy in Morocco: lessons from international experiences and evide," MPRA Paper 98023, University Library of Munich, Germany.
    14. Jean-Paul Pollin & Jean-Luc Gaffard, 2013. "Pourquoi faut-il séparer les activités bancaires ?," Post-Print hal-00972749, HAL.
    15. Kudrin, Alexey L. (Кудрин, Алексей) & Deryugin, Alexander N. (Дерюгин, Александр), 2018. "Subnational Budget Rules: Foreign and Russian Experience [Субнациональные Бюджетные Правила: Зарубежный И Российский Опыт]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 8-35, February.
    16. Mr. Luc Eyraud & Ms. Anita Tuladhar & Mr. Julio Escolano & Ms. Marialuz Moreno Badia & Ms. Juliane Sarnes, 2012. "Fiscal Performance, Institutional Design and Decentralization in European Union Countries," IMF Working Papers 2012/045, International Monetary Fund.
    17. Grembi, Veronica & Nannicini, Tommaso & Troiano, Ugo, 2012. "Policy Responses to Fiscal Restraints: A Difference-in-Discontinuities Design," IZA Discussion Papers 6952, Institute of Labor Economics (IZA).
    18. Feld Lars P. & Reuter Wolf Heinrich & Yeter Mustafa, 2019. "Öffentliche Investitionen: Die Schuldenbremse ist nicht das Problem," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 20(4), pages 292-303, December.
    19. Dufrénot, G. & Frouté, P. & Schalck, C., 2010. "The French Regions’ Borrowing Behaviours. How heterogeneous are they?," Working papers 289, Banque de France.
    20. Karolina Kaiser & Emmanuelle Taugourdeau, 2010. "The Timing of Elections in Federations : A Disciplining Device against Soft Budget Constraints ?," Post-Print halshs-00492085, HAL.
    21. Veronica Grembi & Alvaro Manoel, 2012. "Fiscal rules for subnational governments? Evidence from Latin America," Chapters, in: Giorgio Brosio & Juan P. Jiménez (ed.), Decentralization and Reform in Latin America, chapter 12, pages iii-iii, Edward Elgar Publishing.
    22. Giuriato, Luisa & Gastaldi, Francesca, 2009. "The domestic stability pact in Italy: a rule for discipline?," MPRA Paper 15183, University Library of Munich, Germany.
    23. Feld Lars P. & Baskaran Thushyanthan, 2010. "Federalism, Budget Deficits and Public Debt: On the Reform of Germany's Fiscal Constitution," Review of Law & Economics, De Gruyter, vol. 6(3), pages 365-393, December.
    24. Mihaela Onofrei & Anca Gavriluţă (Vatamanu) & Ionel Bostan & Florin Oprea & Gigel Paraschiv & Cristina Mihaela Lazăr, 2020. "The Implication of Fiscal Principles and Rules on Promoting Sustainable Public Finances in the EU Countries," Sustainability, MDPI, vol. 12(7), pages 1-21, April.
    25. Soyoung Park & Sungchan Kim, 2022. "The Effects of Fiscal Rules Based on Revenue Structure: Evidence from U.S State Governments," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(3), pages 763-781, October.
    26. Marie-Laure Breuillé, 2007. "Tradable deficit permits: a way to ensure sub-national fiscal discipline?," Working Papers hal-04139221, HAL.
    27. Nikolai Stähler, 2009. "Taxing Deficits to Restrain Government Spending," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(1), pages 159-176, February.
    28. Mrs. Nina Budina & Ms. Andrea Schaechter & Miss Anke Weber & Mr. Tidiane Kinda, 2012. "Fiscal Rules in Response to the Crisis: Toward the "Next-Generation" Rules: A New Dataset," IMF Working Papers 2012/187, International Monetary Fund.
    29. Rösel, Felix, 2016. "The Persistency of Public Debt," VfS Annual Conference 2016 (Augsburg): Demographic Change 145595, Verein für Socialpolitik / German Economic Association.
    30. Ernesto Crivelli, 2012. "Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries," IMF Working Papers 2012/146, International Monetary Fund.
    31. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.
    32. Hodžić, Sabina & Bečić, Emira, 2015. "Analysis of the Fiscal Rule Index in EU Member States," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2015), Kotor, Montengero, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Kotor, Montengero, 10-11 September 2015, pages 431-438, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
    33. David Bartolini & Raffaella Santolini, 2012. "Political yardstick competition among Italian municipalities on spending decisions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(1), pages 213-235, August.
    34. Ehtisham Ahmad & Giorgio Brosio (ed.), 2015. "Handbook of Multilevel Finance," Books, Edward Elgar Publishing, number 14380.
    35. Margit Molnár, 2012. "Fiscal consolidation: What factors determine the success of consolidation efforts?," OECD Journal: Economic Studies, OECD Publishing, vol. 2012(1), pages 123-149.
    36. Arturo Melián-González, 2021. "The Expenditure Rule in the Spanish Organic Law on Budgetary Stability and Financial Sustainability and its Impact on the Autonomous Communities," Hacienda Pública Española / Review of Public Economics, IEF, vol. 237(2), pages 57-84, June.
    37. David Bartolini & Raffaella Santolini, 2009. "Fiscal Rules and the Opportunistic Behaviour of the Incumbent Politician: Evidence from Italian Municipalities," CESifo Working Paper Series 2605, CESifo.
    38. Gebhard Kirchgässner, 2017. "The debt brake of the German states: a faulty design?," Constitutional Political Economy, Springer, vol. 28(3), pages 257-269, September.
    39. Karsten Mause & Friedrich Groeteke, 2012. "New constitutional “debt brakes” for Euroland? A question of institutional complementarity," Constitutional Political Economy, Springer, vol. 23(4), pages 279-301, December.

  3. Luca Lorenzoni & Jonathan Millar & Franco Sassi & Douglas Sutherland, 2018. "Cyclical vs structural effects on health care expenditure trends in OECD countries," OECD Economics Department Working Papers 1507, OECD Publishing.

    Cited by:

    1. Liping Ye & Xinping Zhang, 2018. "Nonlinear Granger Causality between Health Care Expenditure and Economic Growth in the OECD and Major Developing Countries," IJERPH, MDPI, vol. 15(9), pages 1-16, September.

  4. Douglas Sutherland & Jane Stacey, 2017. "Sustaining nature-based tourism in Iceland," OECD Economics Department Working Papers 1422, OECD Publishing.

    Cited by:

    1. David Cook & Nína Saviolidis & Brynhildur Davíðsdóttir & Lára Jóhannsdóttir & Snjólfur Ólafsson, 2019. "Synergies and Trade-Offs in the Sustainable Development Goals—The Implications of the Icelandic Tourism Sector," Sustainability, MDPI, vol. 11(15), pages 1-23, August.
    2. Francesco Macheda & Roberto Nadalini, 2019. "The Danger of a “Geyser Disease” Effect: Structural Fragility of the Tourism-Led Recovery in Iceland," Working Papers 0038, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
    3. Gunnarsdottir, I. & Davidsdottir, B. & Worrell, E. & Sigurgeirsdottir, S., 2022. "Indicators for sustainable energy development: An Icelandic case study," Energy Policy, Elsevier, vol. 164(C).
    4. Georgette Leah Burns & Laufey Haraldsdóttir & Guðrún Þóra Gunnarsdóttir, 2021. "Interpretation in Ásbyrgi: Communicating with National Park Visitors in Iceland," Sustainability, MDPI, vol. 13(22), pages 1-16, November.
    5. Francesco Macheda & Roberto Nadalini, 2020. "The Danger of a “Geyser Disease†Effect: Structural Fragility of the Tourism-Led Recovery in Iceland," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(1), pages 50-76, March.

  5. Jonathan Millar & Douglas Sutherland, 2016. "Unleashing private sector productivity in the United States," OECD Economics Department Working Papers 1328, OECD Publishing.

    Cited by:

    1. Balázs Égert, 2021. "Investment in OECD Countries: a Primer," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(2), pages 200-223, June.

  6. Douglas Sutherland & Peter Hoeller, 2014. "Growth Policies and Macroeconomic Stability," OECD Economic Policy Papers 8, OECD Publishing.

    Cited by:

    1. Aida Caldera Sánchez & Alain de Serres & Filippo Gori & Mikkel Hermansen & Oliver Röhn, 2017. "Strengthening economic resilience: Insights from the post-1970 record of severe recessions and financial crises," OECD Economic Policy Papers 20, OECD Publishing.
    2. Lucia Alessi & Peter Benczur & Francesca Campolongo & Jessica Cariboni & Anna Rita Manca & Balint Menyhert & Andrea Pagano, 2020. "The Resilience of EU Member States to the Financial and Economic Crisis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 148(2), pages 569-598, April.

  7. Douglas Sutherland & Peter Hoeller, 2013. "Growth-promoting Policies and Macroeconomic Stability," OECD Economics Department Working Papers 1091, OECD Publishing.

    Cited by:

    1. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2015. "Economic resilience: what role for policies?," OECD Economics Department Working Papers 1251, OECD Publishing.
    2. Douglas Sutherland & Peter Hoeller, 2014. "Growth Policies and Macroeconomic Stability," OECD Economic Policy Papers 8, OECD Publishing.
    3. Paula Garda & Volker Ziemann, 2014. "Economic Policies and Microeconomic Stability: A Literature Review and Some Empirics," OECD Economics Department Working Papers 1115, OECD Publishing.
    4. Aida Caldera Sánchez & Oliver Röhn, 2016. "How do policies influence GDP tail risks?," OECD Economics Department Working Papers 1339, OECD Publishing.
    5. Boris Cournède & Paula Garda & Volker Ziemann, 2015. "Effects of Economic Policies on Microeconomic Stability," OECD Economics Department Working Papers 1201, OECD Publishing.

  8. Douglas Sutherland & Peter Hoeller & Rossana Merola & Volker Ziemann, 2012. "Debt and Macroeconomic Stability," OECD Economics Department Working Papers 1003, OECD Publishing.

    Cited by:

    1. Adrian, Tobias & Liang, Nellie, 2016. "Monetary Policy, Financial Conditions, and Financial Stability," CEPR Discussion Papers 11394, C.E.P.R. Discussion Papers.
    2. António Afonso & Ludger Schuknecht, 2019. "How “Big” Should Government Be?," Working Papers REM 2019/78, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    3. Mikkel Hermansen & Oliver Röhn, 2015. "Economic resilience: The usefulness of early warning indicators in OECD countries," OECD Economics Department Working Papers 1250, OECD Publishing.
    4. Arnaud Cheron & Kazuo Nishimura & Carine Nourry & Thomas Seegmuller & Alain Venditti, 2019. "Growth and Public Debt: What Are the Relevant Trade‐Offs?," Post-Print hal-02087092, HAL.
    5. Vratislav Izák, 2015. "Soukromý a veřejný dluh [Private and Public Debt]," Politická ekonomie, Prague University of Economics and Business, vol. 2015(1), pages 74-90.
    6. Oguzhan Cepni & Yavuz Selim Hacihasanoglu & Muhammed Hasan Yilmaz, 2020. "Credit decomposition and economic activity in Turkey: A wavelet-based approach," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 20(3), pages 109-131.
    7. Dirk Bezemer & Maria Grydaki & Lu Zhang, 2016. "More Mortgages, Lower Growth?," Economic Inquiry, Western Economic Association International, vol. 54(1), pages 652-674, January.
    8. Ashley Dunstan & Hayden Skilling, 2015. "Commercial property and financial stability," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 78, pages 1-10, March.
    9. Vratislav Izák, 2016. "Podnikový sektor - vybrané aspekty empirické analýzy zemí Evropské unie [Corporate Sector-Selected Aspects of Empirical Analysis of the EU Member States]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(2), pages 161-175.
    10. J.M. Dixon & J. Nassios, 2018. "The Effectiveness of Investment Stimulus Policies in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-282, Victoria University, Centre of Policy Studies/IMPACT Centre.
    11. Bezemer, Dirk & Samarina, Anna & Zhang, Lu, 2020. "Does mortgage lending impact business credit? Evidence from a new disaggregated bank credit data set," Journal of Banking & Finance, Elsevier, vol. 113(C).
    12. Ruben Tarne & Dirk Bezemer & Thomas Theobald, 2021. "The Effect of borrower-specific Loan-to-Value policies on household debt, wealth inequality and consumption volatility," FMM Working Paper 70-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    13. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2015. "Economic resilience: what role for policies?," OECD Economics Department Working Papers 1251, OECD Publishing.
    14. Douglas Sutherland & Peter Hoeller, 2014. "Growth Policies and Macroeconomic Stability," OECD Economic Policy Papers 8, OECD Publishing.
    15. Ivailo Yankov, 2016. "Endogenous Elements of the Firm Indebtedness in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 126-140.
    16. Volker Ziemann, 2012. "Debt and Macroeconomic Stability: Debt and the Business Cycle," OECD Economics Department Working Papers 1005, OECD Publishing.
    17. Kazuo Nishimura & Carine Nourry & Thomas Seegmuller & Alain Venditti, 2014. "On the (de)Stabilizing Effect of Public Debt In a Ramsey Model with Heterogeneous Agents," Discussion Paper Series DP2014-03, Research Institute for Economics & Business Administration, Kobe University.
    18. Kamil Galuščák & Petr Hlaváč & Petr Jakubík, 2016. "Household resilience to adverse macroeconomic shocks: evidence from Czech microdata," International Review of Applied Economics, Taylor & Francis Journals, vol. 30(3), pages 377-402, May.
    19. Oliver Röhn & Aida Caldera Sánchez & Mikkel Hermansen & Morten Rasmussen, 2015. "Economic resilience: A new set of vulnerability indicators for OECD countries," OECD Economics Department Working Papers 1249, OECD Publishing.
    20. Svensson, Lars E. O., 2017. "How robust is the result that the cost of "leaning against the wind" exceeds the benefit?," Working Paper Series 2031, European Central Bank.
    21. Antonio Afonso & Ludger Schuknecht, 2019. "How “big†should government be?," Economics and Business Letters, Oviedo University Press, vol. 8(2), pages 85-96.
    22. Boris Cournède & Oliver Denk & Peter Hoeller, 2015. "Finance and Inclusive Growth," OECD Economic Policy Papers 14, OECD Publishing.
    23. Bezemer, Dirk & Samarina, Anna, 2016. "Debt Shift, Financial Development and Income Inequality in Europe," Research Report 16020-GEM, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    24. Bezemer, Dirk & Zhang, Lu, 2019. "Credit composition and the severity of post-crisis recessions," Journal of Financial Stability, Elsevier, vol. 42(C), pages 52-66.
    25. Nassios, Jason & Giesecke, James A. & Dixon, Peter B. & Rimmer, Maureen T., 2019. "Mandated superannuation contributions and the structure of the financial sector in Australia," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 859-881.
    26. Samarina, Anna & Zhang, Lu & Bezemer, Dirk, 2017. "Credit cycle coherence in the eurozone: Was there a euro effect?," Journal of International Money and Finance, Elsevier, vol. 77(C), pages 77-98.
    27. Pierluigi, Beatrice & Sondermann, David, 2018. "Macroeconomic imbalances in the euro area: where do we stand?," Occasional Paper Series 211, European Central Bank.
    28. Stanislav Klazar & Barbora Slintáková, 2019. "Vliv zdanění příjmů na zadlužení nefinančních podniků [Influence of Income Taxation on Indebtedness of Non-financial Firms]," Politická ekonomie, Prague University of Economics and Business, vol. 2019(3), pages 253-272.
    29. Douglas Sutherland & Peter Hoeller, 2012. "Debt and Macroeconomic Stability: An Overview of the Literature and Some Empirics," OECD Economics Department Working Papers 1006, OECD Publishing.
    30. Zhang, Lu & Bezemer, Dirk, 2015. "A global house of debt effect? Mortgages and post-crisis recessions in fifty economies," Research Report 15009-GEM, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    31. Siyan Chen & Saul Desiderio, 2018. "Long-run consequences of debt," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 13(2), pages 365-383, July.
    32. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    33. Bezemer, Dirk & Samarina, Anna & Zhang, Lu, 2017. "The Shift in Bank Credit Allocation: New Data and New Findings," Research Report 17012-GEM, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    34. Jason Nassios & John Madden & James Giesecke & Janine Dixon & Nhi Tran & Peter Dixon & Maureen Rimmer & Philip Adams & John Freebairn, 2019. "The economic impact and efficiency of state and federal taxes in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-289, Victoria University, Centre of Policy Studies/IMPACT Centre.
    35. Svensson, Lars E.O., 2017. "Cost-Benefit Analysis of Leaning Against the Wind," CEPR Discussion Papers 11739, C.E.P.R. Discussion Papers.
    36. Ben Ltaief, Leila, 2014. "Dette publique et croissance économique : investigation empirique pour la zone euro, l’Union européenne et les pays avancés," L'Actualité Economique, Société Canadienne de Science Economique, vol. 90(2), pages 79-103, Juin.
    37. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does Infrastructure Investment Lead to Economic Growth or Economic Fragility? Evidence from China," Papers 1609.00415, arXiv.org.
    38. Dirk Bezemer, 2014. "Schumpeter might be right again: the functional differentiation of credit," Journal of Evolutionary Economics, Springer, vol. 24(5), pages 935-950, November.
    39. Jason Nassios & James A. Giesecke & Peter B. Dixon & Maureen T. Rimmer, 2016. "Superannuation and Macroeconomic Growth and Stability," Centre of Policy Studies/IMPACT Centre Working Papers g-267, Victoria University, Centre of Policy Studies/IMPACT Centre.
    40. Samarina, Anna & Bezemer, Dirk, 2016. "Do capital flows change domestic credit allocation?," Journal of International Money and Finance, Elsevier, vol. 62(C), pages 98-121.
    41. Sturn, Simon & Epstein, Gerald, 2021. "How much should we trust five-year averaging to purge business cycle effects? A reassessment of the finance-growth and capital accumulation-unemployment nexus," Economic Modelling, Elsevier, vol. 96(C), pages 242-256.
    42. Zhang, Lu & Uluc, Arzu & Bezemer, Dirk, 2017. "Did pre-crisis mortgage lending limit post-crisis corporate lending? Evidence from UK bank balance sheets," Bank of England working papers 651, Bank of England.
    43. Tarne, Ruben & Bezemer, Dirk & Theobald, Thomas, 2022. "The effect of borrower-specific loan-to-value policies on household debt, wealth inequality and consumption volatility: An agent-based analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
    44. Volker Ziemann, 2013. "Do Structural Policies Affect Macroeconomic Stability?," OECD Economics Department Working Papers 1075, OECD Publishing.
    45. Vratislav Izák, 2014. "Private and Public Debt," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2014(1), pages 4-21.
    46. Svensson, Lars E.O., 2017. "How Robust Is the Result That the Cost of "Leaning Against the Wind" Exceeds the Benefit? Response to Adrian and Liang," CEPR Discussion Papers 11744, C.E.P.R. Discussion Papers.
    47. Douglas Sutherland & Peter Hoeller, 2013. "Growth-promoting Policies and Macroeconomic Stability," OECD Economics Department Working Papers 1091, OECD Publishing.
    48. Bezemer, Dirk & Grydaki, Maria, 2014. "Financial fragility in the Great Moderation," Journal of Banking & Finance, Elsevier, vol. 49(C), pages 169-177.
    49. Boris Cournède & Paula Garda & Volker Ziemann, 2015. "Effects of Economic Policies on Microeconomic Stability," OECD Economics Department Working Papers 1201, OECD Publishing.

  9. Douglas Sutherland & Peter Hoeller, 2012. "Debt and Macroeconomic Stability: An Overview of the Literature and Some Empirics," OECD Economics Department Working Papers 1006, OECD Publishing.

    Cited by:

    1. António Afonso & José Alves, 2014. "The Role of Government Debt in Economic Growth," Working Papers Department of Economics 2014/16, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    2. Mariam Camarero & María Dolores Gadea-Rivas & Ana Gómez-Loscos & Cecilio Tamarit, 2019. "External imbalances and recoveries," Working Papers 1912, Department of Applied Economics II, Universidad de Valencia.
    3. Mikkel Hermansen & Oliver Röhn, 2015. "Economic resilience: The usefulness of early warning indicators in OECD countries," OECD Economics Department Working Papers 1250, OECD Publishing.
    4. Serena Fatica & Doris Prammer, 2018. "Housing and the Tax System: How Large Are the Distortions in the Euro Area?," Fiscal Studies, John Wiley & Sons, vol. 39(2), pages 299-342, June.
    5. Marta Gómez-Puig & Simón Sosvilla-Rivero, 2017. "Nonfinancial debt and economic growth in euro-area countries," Working Papers del Instituto Complutense de Estudios Internacionales 1708, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
    6. Henrik Braconier & Giuseppe Nicoletti & Ben Westmore, 2014. "Policy Challenges for the Next 50 Years," OECD Economic Policy Papers 9, OECD Publishing.
    7. De Mooij, Ruud & Hebous, Shafik, 2018. "Curbing corporate debt bias: Do limitations to interest deductibility work?," Journal of Banking & Finance, Elsevier, vol. 96(C), pages 368-378.
    8. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2015. "Economic resilience: what role for policies?," OECD Economics Department Working Papers 1251, OECD Publishing.
    9. Douglas Sutherland & Peter Hoeller, 2014. "Growth Policies and Macroeconomic Stability," OECD Economic Policy Papers 8, OECD Publishing.
    10. Georgios Magkonis & Anastasia Theofilakou, 2019. "Transmission of sectoral debt shocks in OECD countries: Evidence from the income channel," Working Papers in Economics & Finance 2019-02, University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group.
    11. Ivailo Yankov, 2016. "Endogenous Elements of the Firm Indebtedness in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 126-140.
    12. Jean-Charles Bricongne & Leonor Coutinho & Alessandro Turrini & Stefan Zeugner, 2020. "Is Private Debt Excessive?," Open Economies Review, Springer, vol. 31(2), pages 471-512, April.
    13. Park , Donghyun & Ramayandi , Arief & Tian, Shu, 2020. "Debt Buildup and Currency Vulnerability: Evidence from Global Markets," ADB Economics Working Paper Series 623, Asian Development Bank.
    14. Branzoli Nicola & Caiumi Antonella, 2018. "How effective is an incremental ACE in addressing the debt bias? Evidence from corporate tax returns," Taxation Papers 72, Directorate General Taxation and Customs Union, European Commission.
    15. Volker Ziemann, 2012. "Debt and Macroeconomic Stability: Debt and the Business Cycle," OECD Economics Department Working Papers 1005, OECD Publishing.
    16. Li, Boyao & Xiong, Wanting & Chen, Liujun & Wang, Yougui, 2017. "The impact of the liquidity coverage ratio on money creation: A stock-flow based dynamic approach," Economic Modelling, Elsevier, vol. 67(C), pages 193-202.
    17. Kamil Galuščák & Petr Hlaváč & Petr Jakubík, 2016. "Household resilience to adverse macroeconomic shocks: evidence from Czech microdata," International Review of Applied Economics, Taylor & Francis Journals, vol. 30(3), pages 377-402, May.
    18. Oliver Röhn & Aida Caldera Sánchez & Mikkel Hermansen & Morten Rasmussen, 2015. "Economic resilience: A new set of vulnerability indicators for OECD countries," OECD Economics Department Working Papers 1249, OECD Publishing.
    19. Mihaela Onofrei & Ionel Bostan & Bogdan Narcis Firtescu & Angela Roman & Valentina Diana Rusu, 2022. "Public Debt and Economic Growth in EU Countries," Economies, MDPI, vol. 10(10), pages 1-23, October.
    20. André, Christophe & Caraiani, Petre & Călin, Adrian Cantemir & Gupta, Rangan, 2022. "Can monetary policy lean against housing bubbles?," Economic Modelling, Elsevier, vol. 110(C).
    21. European Commission, 2018. "Tax Policies in the European Union: 2018 Survey," Taxation Survey 2018, Directorate General Taxation and Customs Union, European Commission.
    22. European Commission, 2019. "Tax Policies in the European Union: 2020 Survey," Taxation Survey 2020, Directorate General Taxation and Customs Union, European Commission.
    23. Douglas Sutherland & Peter Hoeller & Rossana Merola & Volker Ziemann, 2012. "Debt and Macroeconomic Stability," OECD Economics Department Working Papers 1003, OECD Publishing.
    24. Xing, Xiaoyun & Wang, Mingsong & Wang, Yougui & Stanley, H. Eugene, 2020. "Credit creation under multiple banking regulations: The impact of balance sheet diversity on money supply," Economic Modelling, Elsevier, vol. 91(C), pages 720-735.
    25. M. P. Afanas’ev & N. N. Shash, 2021. "From Surplus to Deficit Fiscal Policy," Studies on Russian Economic Development, Springer, vol. 32(5), pages 476-484, September.
    26. Pierluigi, Beatrice & Sondermann, David, 2018. "Macroeconomic imbalances in the euro area: where do we stand?," Occasional Paper Series 211, European Central Bank.
    27. Kamil Galuscak & Petr Hlavac & Petr Jakubik, 2014. "Stress Testing the Private Household Sector Using Microdata," Working Papers 2014/02, Czech National Bank.
    28. European Commission, 2017. "Tax Policies in the European Union: 2017 Survey," Taxation Survey 2017, Directorate General Taxation and Customs Union, European Commission.
    29. Donghyun Park & Kwanho Shin & Shu Tian, 2022. "Household Debt, Corporate Debt, and the Real Economy: Some Empirical Evidence," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 58(5), pages 1474-1490, April.
    30. Atif Ansar & Bent Flyvbjerg & Alexander Budzier & Daniel Lunn, 2016. "Does Infrastructure Investment Lead to Economic Growth or Economic Fragility? Evidence from China," Papers 1609.00415, arXiv.org.
    31. Steffen Elstner & Henrike Michaelis & Christoph M. Schmidt, 2016. "Das leere Versprechen der aktiven Konjunktursteuerung [The Empty Promises of Active Economic Fine-Tuning]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 96(8), pages 534-540, August.
    32. Pegkas Panagiotis, 2019. "Government Debt and Economic Growth. A Threshold Analysis for Greece," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 25(1), pages 1-6, February.
    33. Clavero, Borja, 2017. "A contribution to the Quantity Theory of Disaggregated Credit," MPRA Paper 76657, University Library of Munich, Germany.
    34. Khansa Zaman & Muhammad Saeed Rana & Umer Iftikhar, 2019. "A Multilevel Analysis of Job Demands and Intention to Resign Through Perceived Service Recovery Performance," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 11(2), pages 67-82, June.
    35. Muhammad Jalib Sikandar & Fazale Wahid, 2019. "Debt and Economic Growth of Pakistan; Role of Uncertain Economic and Political Conditions," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 11(2), pages 83-106, June.
    36. Douglas Sutherland & Peter Hoeller, 2013. "Growth-promoting Policies and Macroeconomic Stability," OECD Economics Department Working Papers 1091, OECD Publishing.
    37. Christophe André, 2016. "Household debt in OECD countries: stylised facts and policy issues," Chapters from NBP Conference Publications, in: Hanna Augustyniak & Jacek Łaszek & Krzysztof Olszewski & Joanna Waszczuk (ed.), Papers presented during the Narodowy Bank Polski Workshop: Recent trends in the real estate market and its analysis - 2015 edition, chapter 2, pages v1, 33-85, Narodowy Bank Polski.
    38. Gould, David M. & Melecky, Martin & Panterov, Georgi, 2016. "Finance, growth and shared prosperity: Beyond credit deepening," Journal of Policy Modeling, Elsevier, vol. 38(4), pages 737-758.
    39. Puente-Ajovín, Miguel & Sanso-Navarro, Marcos, 2015. "Granger causality between debt and growth: Evidence from OECD countries," International Review of Economics & Finance, Elsevier, vol. 35(C), pages 66-77.
    40. Sondermann, David & Zorell, Nico, 2019. "A macroeconomic vulnerability model for the euro area," Working Paper Series 2306, European Central Bank.
    41. Clayton, Maya & Liñares-Zegarra, José & Wilson, John O.S., 2015. "Does debt affect health? Cross country evidence on the debt-health nexus," Social Science & Medicine, Elsevier, vol. 130(C), pages 51-58.

  10. Rossana Merola & Douglas Sutherland, 2012. "Fiscal Consolidation: Part 3. Long-Run Projections and Fiscal Gap Calculations," OECD Economics Department Working Papers 934, OECD Publishing.

    Cited by:

    1. Dieppe, Alistair & Mourinho Félix, Ricardo & Marchiori, Luca & Grech, Owen & Albani, Maria & Lalouette, Laure & Kulikov, Dmitry & Papadopoulou, Niki & Sideris, Dimitris & Irac, Delphine & Gordo Mora, , 2015. "Public debt, population ageing and medium-term growth," Occasional Paper Series 165, European Central Bank.
    2. Robert A Buckle & Amy A Cruickshank, 2013. "The Requirements for Long-Run Fiscal Sustainability," Treasury Working Paper Series 13/20, New Zealand Treasury.
    3. Romain Bouis & Ane Kathrine Christensen & Boris Cournède, 2013. "Deleveraging: Challenges, Progress and Policies," OECD Economics Department Working Papers 1077, OECD Publishing.
    4. Artzrouni, Marc & Tramontana, Fabio, 2013. "The debt trap: a two-compartment train wreck," MPRA Paper 47578, University Library of Munich, Germany.
    5. Gabriela Castro & Ricardo M. Felix & Paulo Julio & Jose R. Maria, 2014. "Fiscal multipliers in a small euro area economy: How big can they get in crisis times?," CEFAGE-UE Working Papers 2014_07, University of Evora, CEFAGE-UE (Portugal).
    6. Åsa Johansson & Yvan Guillemette & Fabrice Murtin & David Turner & Giuseppe Nicoletti & Christine de la Maisonneuve & Philip Bagnoli & Guillaume Bousquet & Francesca Spinelli, 2013. "Long-Term Growth Scenarios," OECD Economics Department Working Papers 1000, OECD Publishing.
    7. Rossana Merola & Douglas Sutherland, 2013. "Fiscal Consolidation and the Implications of Social Spending for Long-Term Fiscal Sustainability," Review of Economics and Institutions, Università di Perugia, vol. 4(3).
    8. David Gruen & Duncan Spender, 2012. "A Decade of Intergenerational Reports: Contributing to Long-Term Fiscal Sustainability," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 45(3), pages 327-334, September.
    9. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: How Much, How Fast and by What Means?," OECD Economic Policy Papers 1, OECD Publishing.
    10. Haffert, Lukas, 2016. "Permanent budget surpluses as a fiscal regime," MPIfG Discussion Paper 16/1, Max Planck Institute for the Study of Societies.
    11. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    12. Cláudia Braz & Gabriela Castro & José R. Maria & Paulo Júlio & Ricardo Mourinho Félix, 2013. "Ageing and fiscal sustainability in a small euro area economy," Working Papers w201304, Banco de Portugal, Economics and Research Department.
    13. Galo Nuño & Cristina Pulido & Rubén Segura-Cayuela, 2012. "Long-run growth and demographic prospects in advanced economies," Occasional Papers 1206, Banco de España.
    14. Alinska Agnieszka & Kosztowniak Aneta & Wajda Marcin, 2021. "Liabilities of Local Government Units in Poland: Identification and Analysis of Diversification Factors," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 113-134.
    15. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.
    16. Artzrouni, Marc & Tramontana, Fabio, 2014. "The debt trap: A two-compartment train wreck… and how to avoid it," Journal of Policy Modeling, Elsevier, vol. 36(2), pages 241-256.
    17. Ondra Kamenik & Zdenek Tuma & David Vavra & Zuzana Smidova, 2013. "A Simple Fiscal Stress Testing Model: Case Studies of Austrian, Czech and German Economies," OECD Economics Department Working Papers 1074, OECD Publishing.
    18. Sutherland, Douglas, 2012. "Fiscal Consolidation Needs and Implications for Growth," MPRA Paper 38745, University Library of Munich, Germany.
    19. Szilárd Benk & Zoltán M. Jakab, 2012. "Non-Keynesian Effects of Fiscal Consolidation: An Analysis with an Estimated DSGE Model for the Hungarian Economy," OECD Economics Department Working Papers 945, OECD Publishing.

  11. Hansjörg Blöchliger & Dae-Ho Song & Douglas Sutherland, 2012. "Fiscal Consolidation: Part 4. Case Studies of Large Fiscal Consolidation Episodes," OECD Economics Department Working Papers 935, OECD Publishing.

    Cited by:

    1. Dorothée Allain-Dupré & Claudia Hulbert & Margaux Vincent, 2017. "Subnational Infrastructure Investment in OECD Countries: Trends and Key Governance Levers," OECD Regional Development Working Papers 2017/05, OECD Publishing.
    2. Abel Bojar, 2016. "The Electoral Advantage of the Left in Times of Fiscal Adjustment," LEQS – LSE 'Europe in Question' Discussion Paper Series 103, European Institute, LSE.
    3. Łukasz Rawdanowicz, 2014. "Choosing the pace of fiscal consolidation," OECD Journal: Economic Studies, OECD Publishing, vol. 2013(1), pages 91-119.
    4. Weymes, Laura, 2012. "Fiscal Consolidation - Does it deliver?," Economic Letters 07/EL/12, Central Bank of Ireland.
    5. Athanasios Tagkalakis, 2014. "Discretionary fiscal policy and economic activity in Greece," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 687-712, November.
    6. Cristina Manteu, 2012. "On International Policy Coordination and the Correction of Global Imbalances," Working Papers w201214, Banco de Portugal, Economics and Research Department.
    7. Moog, Stefan & Raffelhüschen, Bernd, 2013. "Ehrbare Staaten? Die Nachhaltigkeit der öffentlichen Finanzen in Europa," Argumente zur Marktwirtschaft und Politik 124, Stiftung Marktwirtschaft / The Market Economy Foundation, Berlin.
    8. Boris Cournède & Antoine Goujard & Álvaro Pina, 2013. "How to Achieve Growth- and Equity-friendly Fiscal Consolidation?: A Proposed Methodology for Instrument Choice with an Illustrative Application to OECD Countries," OECD Economics Department Working Papers 1088, OECD Publishing.
    9. Wiese, Rasmus & Jong-A-Pin, Richard & de Haan, Jakob, 2018. "Can successful fiscal adjustments only be achieved by spending cuts?," European Journal of Political Economy, Elsevier, vol. 54(C), pages 145-166.
    10. Robert P. Hagemann, 2012. "Fiscal Consolidation: Part 6. What Are the Best Policy Instruments for Fiscal Consolidation?," OECD Economics Department Working Papers 937, OECD Publishing.
    11. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: How Much, How Fast and by What Means?," OECD Economic Policy Papers 1, OECD Publishing.
    12. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    13. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.

  12. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.

    Cited by:

    1. Eddie Casey & Joe Durkan & David Duffy, 2013. "Fiscal Consolidation Strategies: Evidence from the International Experience," Open Access publications 10197/5999, School of Economics, University College Dublin.
    2. Robert A Buckle & Amy A Cruickshank, 2013. "The Requirements for Long-Run Fiscal Sustainability," Treasury Working Paper Series 13/20, New Zealand Treasury.
    3. Łukasz Rawdanowicz & Romain Bouis & Kei-Ichiro Inaba & Ane Kathrine Christensen, 2014. "Secular Stagnation: Evidence and Implications for Economic Policy," OECD Economics Department Working Papers 1169, OECD Publishing.
    4. Oliver Falck & Siegfried Schönherr, 2016. "An Economic Reform Agenda for Croatia: a comprehensive economic reform package prepared for the Croatian Statehood Foundation," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 70, October.
    5. Łukasz Rawdanowicz, 2014. "Choosing the pace of fiscal consolidation," OECD Journal: Economic Studies, OECD Publishing, vol. 2013(1), pages 91-119.
    6. Athanasios Tagkalakis, 2014. "Discretionary fiscal policy and economic activity in Greece," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 687-712, November.
    7. Panizza, Ugo & Presbitero, Andrea F., 2012. "Public debt and economic growth: Is there a causal effect?," POLIS Working Papers 168, Institute of Public Policy and Public Choice - POLIS.
    8. Sebastian Hauptmeier & A. Jesús Sánchez Fuentes & Ludger Schuknecht, 2015. "Spending Dynamics in Euro Area Countries: Composition and Determinants," Hacienda Pública Española / Review of Public Economics, IEF, vol. 215(4), pages 119-138, December.
    9. Randall S. Jones & Satoshi Urasawa, 2013. "Restoring Japan's Fiscal Sustainability," OECD Economics Department Working Papers 1050, OECD Publishing.
    10. Hansjörg Blöchliger, 2013. "Fiscal Consolidation Across Government Levels - Part 1. How Much, What Policies?," OECD Economics Department Working Papers 1070, OECD Publishing.
    11. Boris Cournède & Antoine Goujard & Álvaro Pina, 2013. "How to Achieve Growth- and Equity-friendly Fiscal Consolidation?: A Proposed Methodology for Instrument Choice with an Illustrative Application to OECD Countries," OECD Economics Department Working Papers 1088, OECD Publishing.
    12. Evgeny Goryunov & Sergey Sinelnikov-Murylev & Laurence J. Kotlikoff, 2015. "Theoretical foundations of fiscal gap as a long-term fiscal sustainability indicator and its estimates for Russia," Working Papers 0113, Gaidar Institute for Economic Policy, revised 2015.
    13. David Turner & Francesca Spinelli, 2013. "The Effect of Government Debt, External Debt and their Interaction on OECD Interest Rates," OECD Economics Department Working Papers 1103, OECD Publishing.
    14. Robert P. Hagemann, 2012. "Fiscal Consolidation: Part 6. What Are the Best Policy Instruments for Fiscal Consolidation?," OECD Economics Department Working Papers 937, OECD Publishing.
    15. Douglas Sutherland & Peter Hoeller & Rossana Merola & Volker Ziemann, 2012. "Debt and Macroeconomic Stability," OECD Economics Department Working Papers 1003, OECD Publishing.
    16. DUMITRESCU, Bogdan Andrei, 2015. "An Optimality Assessment Of The Fiscal Consolidation Process Initiated By Romania In 2010," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 19(1), pages 8-20.
    17. Randall S. Jones & Kohei Fukawa, 2015. "Achieving Fiscal Consolidation while Promoting Social Cohesion in Japan," OECD Economics Department Working Papers 1262, OECD Publishing.
    18. Goryunov, Yevgeniy (Горюнов, Евгений), 2016. "Theoretical foundations, properties and interpretation of the budget gap indicators [Теоретические Основы, Свойства И Интерпретация Индикаторов Бюджетного Разрыва]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 112-132, April.
    19. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: How Much, How Fast and by What Means?," OECD Economic Policy Papers 1, OECD Publishing.
    20. Bodrova, Vera & Gvozdeva, Margarita & Kazakova, Maria, 2015. "Methods of Long-term Forecasting: Comparative Analysis and Foreign Experience of Applying," Published Papers 2310, Russian Presidential Academy of National Economy and Public Administration.
    21. Manfred Overhaus & Ulrich Maas & Aiginger. Karl & Margit Schratzenstaller-Altzinger, 2012. "A Way Out of Debt Budgets: Is it Possible to Repay Public Debt?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(05), pages 03-14, March.
    22. Rossana Merola & Douglas Sutherland, 2012. "Fiscal Consolidation: Part 3. Long-Run Projections and Fiscal Gap Calculations," OECD Economics Department Working Papers 934, OECD Publishing.
    23. Gianluca Cafiso & Roberto Cellini, 2013. "Fiscal Consolidations and Public Debt in Europe," Working Papers 2013-35, CEPII research center.
    24. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    25. Kazakova, Maria & Trunin, Pavel, 2015. "Long-Term Prognosis of Basic Demographic and Macroeconomic Indicators in Russia," Published Papers 2308, Russian Presidential Academy of National Economy and Public Administration.
    26. Margit Molnar, 2012. "Fiscal Consolidation: Part 5. What Factors Determine the Success of Consolidation Efforts?," OECD Economics Department Working Papers 936, OECD Publishing.
    27. Łukasz Rawdanowicz & Eckhard Wurzel & Ane Kathrine Christensen, 2013. "The Equity Implications of Fiscal Consolidation," OECD Economics Department Working Papers 1013, OECD Publishing.
    28. Margit Molnár, 2012. "Fiscal consolidation: What factors determine the success of consolidation efforts?," OECD Journal: Economic Studies, OECD Publishing, vol. 2012(1), pages 123-149.
    29. Szilárd Benk & Zoltán M. Jakab, 2012. "Non-Keynesian Effects of Fiscal Consolidation: An Analysis with an Estimated DSGE Model for the Hungarian Economy," OECD Economics Department Working Papers 945, OECD Publishing.
    30. Kazakova, Maria & Nesterova, Kristina, 2015. "Long-Term Forecast of the Main Parameters of the Budgetary System of Russia," Published Papers 2309, Russian Presidential Academy of National Economy and Public Administration.
    31. Gianluca Cafiso & Roberto Cellini, 2012. "Evidence on Fiscal Consolidations and the Evolution of Public Debt in Europe," CESifo Working Paper Series 4027, CESifo.
    32. Kaja Fredriksen, 2013. "Fiscal Consolidation Across Government Levels - Part 2. Fiscal Rules for Sub-central Governments, Update of the Institutional Indicator," OECD Economics Department Working Papers 1071, OECD Publishing.

  13. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: How Much, How Fast and by What Means?," OECD Economic Policy Papers 1, OECD Publishing.

    Cited by:

    1. Peter A. Schmid, 2013. "The destabilizing effect of company income taxation," Society and Economy, Akadémiai Kiadó, Hungary, vol. 35(3), pages 365-388, September.
    2. Alari PaulusBy & Francesco Figari & Holly Sutherland, 2017. "The design of fiscal consolidation measures in the European Union: distributional effects and implications for macro-economic recovery," Oxford Economic Papers, Oxford University Press, vol. 69(3), pages 632-654.
    3. Margit Schratzenstaller, 2012. "Zwischen Konsolidierung und Wachstum. Bundesfinanzrahmen 2013-2016, "Konsolidierungspaket II" und Stabilitätsprogramm," WIFO Monatsberichte (monthly reports), WIFO, vol. 85(5), pages 361-380, May.
    4. Krzysztof Kluza, 2017. "Risk assessment of the local government sector based on the ratio analysis and the DEA method. Evidence from Poland," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(3), pages 329-351, December.
    5. Caroline Klein & Robert Price & Andreas Wörgötter, 2013. "Improving the Fiscal Framework to Enhance Growth in an Era of Fiscal Consolidation in Slovakia," OECD Economics Department Working Papers 1018, OECD Publishing.
    6. Chuluunbayar, Delgerjargal, 2019. "The US Fiscal Consolidation, its impact and policy implications," MPRA Paper 98223, University Library of Munich, Germany.
    7. Beblav�, Miroslav & Marconi, Gabriele & Maselli,Ilaria, 2015. "A European Unemployment Benefits Scheme: The rationale and the challenges ahead," CEPS Papers 10952, Centre for European Policy Studies.
    8. Angelika Knollmayer & Aleksandra Riedl & Maria Antoinette Silgoner, 2015. "The mixed success of EU-IMF adjustment programs in Europe – why Greece was different," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 52-70.
    9. Eduardo L. Giménez & Miguel Rodríguez, 2020. "Optimality of Relaxing Revenue-neutral Restrictions in Green Tax Reforms," Hacienda Pública Española / Review of Public Economics, IEF, vol. 233(2), pages 3-24, June.
    10. I. Bukina S. & И. Букина С., 2018. "Политика Финансовой Консолидации И Развитие Экономики В Условиях Внешних Шоков // The Policy Of Financial Consolidation And Economic Development In The Face Of External Shocks," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 22(1), pages 6-21.
    11. Shinji Asanuma, 2015. "Fiscal Sustainability & Competitiveness in Europe and Asia by Ramkishen S. Rajan , Tan Khee Giap and Tan Kong Yam Palgrave Macmillan , New York , 2014 xii+202. ISBN 978 1 137 40696 5," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 29(1), pages 194-195, May.
    12. Ondra Kamenik & Zdenek Tuma & David Vavra & Zuzana Smidova, 2013. "A Simple Fiscal Stress Testing Model: Case Studies of Austrian, Czech and German Economies," OECD Economics Department Working Papers 1074, OECD Publishing.
    13. Margit Schratzenstaller, 2012. "Between Consolidation and Growth: Federal Financial Framework 2013-2016, "Consolidation Package II" and Stability Programme," Austrian Economic Quarterly, WIFO, vol. 17(3), pages 187-206, September.

  14. Balazs Egert & Douglas Sutherland, 2012. "The Nature of Financial and Real Business Cycles: The Great Moderation and Banking Sector Pro-Cyclicality," CESifo Working Paper Series 3824, CESifo.

    Cited by:

    1. Xue, Wen-Jun, 2020. "Financial sector development and growth volatility: An international study," International Review of Economics & Finance, Elsevier, vol. 70(C), pages 67-88.
    2. Balázs Égert & Douglas Sutherland, 2014. "The Nature of Financial and Real Business Cycles: The Great Moderation and Banking Sector Pro-Cyclicality," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(1), pages 98-117, February.
    3. Brigitte Granville & Sana Hussain, 2017. "Eurozone cycles: An analysis of phase synchronization," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 22(2), pages 83-114, April.
    4. Bruzda, Joanna, 2017. "Real and complex wavelets in asset classification: An application to the US stock market," Finance Research Letters, Elsevier, vol. 21(C), pages 115-125.
    5. Mikhail Stolbov, 2014. "International Credit Cycles: A Regional Perspective," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 21-47.
    6. Xue, Wenjun & Zhang, Liwen, 2019. "Revisiting the asymmetric effects of bank credit on the business cycle: A panel quantile regression approach," The Journal of Economic Asymmetries, Elsevier, vol. 20(C).
    7. Malovaná Simona & Tesařová Žaneta, 2021. "What is the Sustainable Level of Banks’ Credit Losses and Provisions?," Review of Economic Perspectives, Sciendo, vol. 21(3), pages 235-258, September.
    8. Douglas Sutherland & Peter Hoeller, 2012. "Debt and Macroeconomic Stability: An Overview of the Literature and Some Empirics," OECD Economics Department Working Papers 1006, OECD Publishing.
    9. Simona Malovana & Zaneta Tesarova, 2019. "Banks' Credit Losses and Provisioning over the Business Cycle: Implications for IFRS 9," Working Papers 2019/4, Czech National Bank.
    10. Nicola CUCARI, 2016. "Donatello Strangio & Giuseppe Sancetta (Eds.), Italy in a European Context: Research in Business, Economics, and the Environment," Journal of Economics Library, KSP Journals, vol. 3(2), pages 347-352, June.
    11. Kapinos, Pavel & Kishor, N. Kundan & Ma, Jun, 2022. "Dynamic comovement among banks, systemic risk, and the macroeconomy," Journal of Banking & Finance, Elsevier, vol. 138(C).
    12. Douglas Sutherland & Peter Hoeller, 2013. "Growth-promoting Policies and Macroeconomic Stability," OECD Economics Department Working Papers 1091, OECD Publishing.

  15. Douglas Sutherland, 2010. "Monetary Policy Reaction Functions in the OECD," OECD Economics Department Working Papers 761, OECD Publishing.

    Cited by:

    1. Douglas Sutherland & Peter Hoeller & Balázs Égert & Oliver Röhn, 2010. "Counter-cyclical Economic Policy," OECD Economics Department Working Papers 760, OECD Publishing.
    2. Fabio C. Bagliano & Claudio Morana, 2015. "It ain'?t over till it'?s over: A global perspective on the Great Moderation-Great Recession interconnection," Carlo Alberto Notebooks 424, Collegio Carlo Alberto.
    3. Imen Mohamed Sghaier & Zouheir Abida, 2013. "Monetary Policy Rules for a Developing Countries: Evidence from Tunisia," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 5(1), pages 035-046, June.
    4. Aleksandra Halka, 2016. "How the central bank’s reaction function in small open economies evolved during the crisis," Bank i Kredyt, Narodowy Bank Polski, vol. 47(4), pages 301-318.
    5. Umit Bulut, 2016. "How Far Ahead Does the Central Bank of the Republic of Turkey Look?," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 5(1), pages 99-111.
    6. Aleksandra Halka, 2015. "Lessons from the crisis.Did central banks do their homework?," NBP Working Papers 224, Narodowy Bank Polski.
    7. Nikola Fabris & Milena Lazić, 2022. "Evaluating the Role of the Exchange Rate in Monetary Policy Reaction Function of Advanced and Emerging Market Economies," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 11(2), pages 77-96.

  16. Douglas Sutherland & Peter Hoeller & Balázs Égert & Oliver Röhn, 2010. "Counter-cyclical Economic Policy," OECD Economics Department Working Papers 760, OECD Publishing.

    Cited by:

    1. Gerdie Everaert, 2017. "On the estimation of panel fiscal reaction functions : Heterogeneity or fiscal fatigue?," Working Paper Research 320, National Bank of Belgium.
    2. Daniel Fuentes Castro, 2014. "Evidences of maturity mismatching of loans in OECD housing markets between 1995 and 2008," Applied Economics, Taylor & Francis Journals, vol. 46(12), pages 1301-1311, April.
    3. Aida Caldera Sánchez & Morten Rasmussen & Oliver Röhn, 2015. "Economic resilience: what role for policies?," OECD Economics Department Working Papers 1251, OECD Publishing.
    4. Douglas Sutherland & Peter Hoeller, 2014. "Growth Policies and Macroeconomic Stability," OECD Economic Policy Papers 8, OECD Publishing.
    5. Boris Cournède & Antoine Goujard & Álvaro Pina, 2013. "How to Achieve Growth- and Equity-friendly Fiscal Consolidation?: A Proposed Methodology for Instrument Choice with an Illustrative Application to OECD Countries," OECD Economics Department Working Papers 1088, OECD Publishing.
    6. Guido Baldi & Karsten Staehr, 2013. "The European Debt Crisis and Fiscal Reaction Functions in Europe 2000-2012," Discussion Papers of DIW Berlin 1295, DIW Berlin, German Institute for Economic Research.
    7. Douglas Sutherland & Peter Hoeller & Rossana Merola & Volker Ziemann, 2012. "Debt and Macroeconomic Stability," OECD Economics Department Working Papers 1003, OECD Publishing.
    8. Rossana Merola & Douglas Sutherland, 2012. "Fiscal Consolidation: Part 3. Long-Run Projections and Fiscal Gap Calculations," OECD Economics Department Working Papers 934, OECD Publishing.
    9. Oana Simona Hudea, 2018. "Faculty of Business and Administration, University of Bucharest, Romania," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 28(1), pages 24-32, December.
    10. Tatiana Lysenko & Geoff Barnard, 2011. "Strengthening the Macroeconomic Policy Framework in South Africa," OECD Economics Department Working Papers 847, OECD Publishing.
    11. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.
    12. Douglas Sutherland & Peter Hoeller, 2013. "Growth-promoting Policies and Macroeconomic Stability," OECD Economics Department Working Papers 1091, OECD Publishing.
    13. Jalles, João Tovar, 2021. "Dynamics of government spending cyclicality," Economic Modelling, Elsevier, vol. 97(C), pages 411-427.

  17. Sónia Araújo & Douglas Sutherland, 2010. "Public-Private Partnerships and Investment in Infrastructure," OECD Economics Department Working Papers 803, OECD Publishing.

    Cited by:

    1. Daniel Danau & Annalisa Vinella, 2021. "Under/Over‐Investment and Early Renegotiation in Public‐Private Partnerships," Post-Print hal-03563239, HAL.
    2. Hansjörg Blöchliger, 2013. "Fiscal Consolidation Across Government Levels - Part 1. How Much, What Policies?," OECD Economics Department Working Papers 1070, OECD Publishing.
    3. Caroline Klein & Robert Price & Andreas Wörgötter, 2013. "Improving the Fiscal Framework to Enhance Growth in an Era of Fiscal Consolidation in Slovakia," OECD Economics Department Working Papers 1018, OECD Publishing.
    4. Tei, Alessio & Ferrari, Claudio, 2018. "PPIs and transport infrastructure: Evidence from Latin America and the Caribbean," Journal of Transport Geography, Elsevier, vol. 71(C), pages 204-212.
    5. Robert P. Hagemann, 2012. "Fiscal Consolidation: Part 6. What Are the Best Policy Instruments for Fiscal Consolidation?," OECD Economics Department Working Papers 937, OECD Publishing.
    6. Pekka Leviakangas & Pekka Kess & Jaakko Kujala, 2013. "Investment Analysis in Public-Private-Partnership Projects: Any Common Ground for Public and Private Investors?," Diversity, Technology, and Innovation for Operational Competitiveness: Proceedings of the 2013 International Conference on Technology Innovation and Industrial Management,, ToKnowPress.
    7. Emily Poole & Carl Toohey & Peter Harris, 2014. "Public Infrastructure: A Framework for Decision-making," RBA Annual Conference Volume (Discontinued), in: Alexandra Heath & Matthew Read (ed.),Financial Flows and Infrastructure Financing, Reserve Bank of Australia.
    8. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.

  18. Frédéric Gonand & Robert Price & Douglas Sutherland, 2009. "Improving public spending efficiency in primary and secondary education," Post-Print hal-01294322, HAL.

    Cited by:

    1. Dovile Stumbriene & Ana S. Camanho & Audrone Jakaitiene, 2020. "The performance of education systems in the light of Europe 2020 strategy," Annals of Operations Research, Springer, vol. 288(2), pages 577-608, May.
    2. Agasisti, Tommaso & Antequera, Germán & Delprato, Marcos, 2023. "Technological resources, ICT use and schools efficiency in Latin America – Insights from OECD PISA 2018," International Journal of Educational Development, Elsevier, vol. 99(C).
    3. Tommaso Agasisti & Giuseppe Munda & Ralph Hippe, 2019. "Measuring the efficiency of European education systems by combining Data Envelopment Analysis and Multiple-Criteria Evaluation," Journal of Productivity Analysis, Springer, vol. 51(2), pages 105-124, June.
    4. Lefebvre, M. & Perelman, S. & Pestieau, P., 2015. "Productivity and performance in the public sector," LIDAM Discussion Papers CORE 2015052, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    5. Mergoni, Anna & Soncin, Mara & Agasisti, Tommaso, 2023. "The effect of ICT on schools’ efficiency: Empirical evidence on 23 European countries," Omega, Elsevier, vol. 119(C).
    6. Pablo Mitnik & Victoria Bryant & David Grusky, 2018. "A Very Uneven Playing Field: Economic Mobility in the United States," Working Papers 2018-097, Human Capital and Economic Opportunity Working Group.
    7. Cordero, Jose M. & Polo, Cristina & Santín, Daniel & Simancas, Rosa, 2018. "Efficiency measurement and cross-country differences among schools: A robust conditional nonparametric analysis," Economic Modelling, Elsevier, vol. 74(C), pages 45-60.
    8. Aparicio, Juan & Ortiz, Lidia & Santín, Daniel, 2021. "Comparing group performance over time through the Luenberger productivity indicator: An application to school ownership in European countries," European Journal of Operational Research, Elsevier, vol. 294(2), pages 651-672.
    9. Paolo Liberati & Raffaele Lagravinese & Giuliano Resce, 2017. "How Does Economic Social And Cultural Status Affect The Efficiency Of Educational Attainments? A Comparative Analysis On Pisa Results," Departmental Working Papers of Economics - University 'Roma Tre' 0217, Department of Economics - University Roma Tre.
    10. Ranjan Kumar Mohanty & N.R. Bhanumurthy, 2018. "Assessing Public Expenditure Efficiency at Indian States," Working Papers id:12837, eSocialSciences.
    11. Robert P. Hagemann, 2012. "Fiscal Consolidation: Part 6. What Are the Best Policy Instruments for Fiscal Consolidation?," OECD Economics Department Working Papers 937, OECD Publishing.
    12. Inés P. Murillo & José L. Raymond & Jorge Calero, 2017. "Efficiency in the transformation of schooling into competences: A cross-country analysis using PIAAC data," Working Papers 2017/12, Institut d'Economia de Barcelona (IEB).
    13. Pessino, Carola & Izquierdo, Alejandro & Vuletin, Guillermo, 2018. "Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less," IDB Publications (Books), Inter-American Development Bank, number 9152.
    14. Fabiana Rocha & Plinio Portela de Oliveira & Janete Duarte & Sérgio Ricardo de Brito Gadelha & Luis Felipe Vital Nunes Pereira, 2017. "Can Education Targets be Met Without Increasing Public Spending? An Analysis for Brazilian Municipalities," Economics Bulletin, AccessEcon, vol. 37(1), pages 391-401.
    15. Tommaso Agasisti, 2014. "How does schools’ efficiency look like across Europe? An empirical analysis of Germany, Spain, France, Italy and UK using OECD PISA2012 data," Working papers 9, Società Italiana di Economia Pubblica.
    16. Hui Jin & La-Bhus Fah Jirasavetakul & Baoping Shang, 2019. "Improving the Efficiency and Equity of Public Education Spending: The Case of Moldova," IMF Working Papers 2019/042, International Monetary Fund.
    17. Delprato, Marcos & Antequera, Germán, 2021. "Public and private school efficiency and equity in Latin America: New evidence based on PISA for development," International Journal of Educational Development, Elsevier, vol. 84(C).
    18. Lagravinese, Raffaele & Liberati, Paolo & Resce, Giuliano, 2020. "The impact of economic, social and cultural conditions on educational attainments," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 112-132.
    19. Elena I. Dobrolyubova & Alexandra N. Starostina, 2022. "Efficiency of Regional Public Expenditures on Education and Healthcare: Evaluation from Citizens’ Perspective," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 64-78, August.
    20. Delprato, Marcos & Antequera, Germán, 2021. "School efficiency in low and middle income countries: An analysis based on PISA for development learning survey," International Journal of Educational Development, Elsevier, vol. 80(C).
    21. Agasisti, Tommaso & Zoido, Pablo, 2019. "The efficiency of schools in developing countries, analysed through PISA 2012 data," Socio-Economic Planning Sciences, Elsevier, vol. 68(C).
    22. Camanho, Ana S. & Stumbriene, Dovile & Barbosa, Flávia & Jakaitiene, Audrone, 2023. "The assessment of performance trends and convergence in education and training systems of European countries," European Journal of Operational Research, Elsevier, vol. 305(1), pages 356-372.
    23. Cordero, Jose Manuel & Polo, Cristina & Simancas, Rosa, 2022. "Assessing the efficiency of secondary schools: Evidence from OECD countries participating in PISA 2015," Socio-Economic Planning Sciences, Elsevier, vol. 81(C).
    24. António Afonso & João Tovar Jalles & Ana Venâncio, 2023. "Government Spending and Tax Revenue Decentralization and Public Sector Efficiency: Do Natural Disasters matter?," Working Papers REM 2023/0271, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    25. Jorge Calero & Inés P. Murillo Huertas & José L. Raymond, 2021. "Efficiency in the transformation of schooling into competences: A cross‐country analysis using PIAAC data," Bulletin of Economic Research, Wiley Blackwell, vol. 73(2), pages 252-275, April.
    26. Aparicio, Juan & Cordero, Jose M. & Gonzalez, Martin & Lopez-Espin, Jose J., 2018. "Using non-radial DEA to assess school efficiency in a cross-country perspective: An empirical analysis of OECD countries," Omega, Elsevier, vol. 79(C), pages 9-20.
    27. Azar Dufrechou, Paola, 2016. "The efficiency of public education spending in Latin America: A comparison to high-income countries," International Journal of Educational Development, Elsevier, vol. 49(C), pages 188-203.
    28. Víctor Giménez & Claudio Thieme & Diego Prior & Emili Tortosa-Ausina, 2017. "An international comparison of educational systems: a temporal analysis in presence of bad outputs," Journal of Productivity Analysis, Springer, vol. 47(1), pages 83-101, February.
    29. Tommaso Agasisti & Pablo Zoido, 2015. "The Efficiency of Secondary Schools in an International Perspective: Preliminary Results from PISA 2012," OECD Education Working Papers 117, OECD Publishing.

  19. Douglas Sutherland & Sonia Araujo & Balázs Égert & Tomasz Koźluk, 2009. "Infrastructure Investment: Links to Growth and the Role of Public Policies," OECD Economics Department Working Papers 686, OECD Publishing.

    Cited by:

    1. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    2. Kamalbek Karymshakov & Burulcha Sulaimanova, 2021. "The impact of infrastructure on trade in Central Asia," Asia Europe Journal, Springer, vol. 19(1), pages 5-20, December.
    3. Ana Litocenco, 2017. "Innovations In Financing Infrastructure Investments," Fostering Knowledge Triange in Moldova: 2017 Conference Proceedings,, Academy of Economic Studies of Moldova, Centre for Studies in European Integration.
    4. Paul Conway & Sean Dougherty & Artur Radziwill, 2010. "Long-term growth and policy challenges in the large emerging economies," OECD Economics Department Working Papers 755, OECD Publishing.
    5. Wagenvoort, Rien & de Nicola, Carlo & Kappeler, Andreas, 2010. "Infrastructure finance in Europe: Composition, evolution and crisis impact," EIB Papers 1/2010, European Investment Bank, Economics Department.
    6. Balázs Égert, 2015. "Public debt, economic growth and nonlinear effects: Myth or reality?," Journal of Macroeconomics, Elsevier, vol. 43(C), pages 226-238.
    7. Gaurav Aakar & Vaibhav Agarwal & Varun Chotia, 0. "Assessing the Impact of Public Infrastructure Investment on Economic Performance: the Case of India," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 20(65), pages 137-152, September.
    8. Balázs Égert, 2021. "Investment in OECD Countries: a Primer," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(2), pages 200-223, June.
    9. Zúñiga, Jimena & Capello, Marcelo & Butler, Inés & Grión, Nester, 2013. "A Cycle-Adjusted Fiscal Rule for Sustainable and More Equitable Growth in Argentina," IDB Publications (Working Papers) 4638, Inter-American Development Bank.
    10. Aswini Kumar Mishra & Kunapareddy Narendra & Bibhu Prasad Kar, 2013. "Growth And Infrastructure Investment In India: Achievements, Challenges, And Opportunities," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 58(196), pages 51-70, January –.
    11. Crafts, Nicholas, 2012. "Creating Competitive Advantage: Policy Lessons from History," CAGE Online Working Paper Series 91, Competitive Advantage in the Global Economy (CAGE).
    12. Rochna Arora & Baljit Kaur, 2022. "Is Urbanisation Sans Infrastructure A Myth? Evidence From India," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 67(232), pages 81-104, January –.
    13. Caroline Klein & Robert Price & Andreas Wörgötter, 2013. "Improving the Fiscal Framework to Enhance Growth in an Era of Fiscal Consolidation in Slovakia," OECD Economics Department Working Papers 1018, OECD Publishing.
    14. Farhadi, Minoo, 2015. "Transport infrastructure and long-run economic growth in OECD countries," Transportation Research Part A: Policy and Practice, Elsevier, vol. 74(C), pages 73-90.
    15. Edward Nketiah-Amponsah & Bernard Sarpong, 2019. "Effect of Infrastructure and Foreign Direct Investment on Economic Growth in Sub-Saharan Africa," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 11(3), pages 183-201, September.
    16. Åsa Johansson, 2016. "Public Finance, Economic Growth and Inequality: A Survey of the Evidence," OECD Economics Department Working Papers 1346, OECD Publishing.
    17. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2010. "The economics of infrastructure finance: Public-private partnerships versus public provision," Documentos de Trabajo 276, Centro de Economía Aplicada, Universidad de Chile.
    18. Chiara DEL BO, 2009. "Recent advances in public investment, fiscal policy and growth," Departmental Working Papers 2009-25, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    19. Tom Ferris & Theo Thomas, 2009. "Review of Public Investment Management Performance (PIMP) in an Economic Crisis," World Bank Publications - Reports 10532, The World Bank Group.
    20. Bitsch, Florian & Buchner, Axel & Kaserer, Christoph, 2010. "Risk, return and cash flow characteristics of infrastructure fund investments," EIB Papers 4/2010, European Investment Bank, Economics Department.
    21. Awaworyi Churchill, Sefa & Baako, Kingsley Tetteh & Mintah, Kwabena & Zhang, Quanda, 2021. "Transport infrastructure and house prices in the long run," Transport Policy, Elsevier, vol. 112(C), pages 1-12.
    22. Varun Chotia & NVM Rao, 2016. "Public Infrastructure Investment and Economic Growth : A Sector Wise Investigation for India Using Westerlund Panel Cointegration Approach," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(59), pages 217-240, March.
    23. Panagiotis Barkas & Mauro Pisu, 2018. "Boosting investment in Greece," OECD Economics Department Working Papers 1506, OECD Publishing.
    24. Kennedy, Christopher & Corfee-Morlot, Jan, 2013. "Past performance and future needs for low carbon climate resilient infrastructure– An investment perspective," Energy Policy, Elsevier, vol. 59(C), pages 773-783.
    25. David Starkie, 2015. "Investment and Growth: The Impact of Britain's Post-War Trunk Roads Programme," Economic Affairs, Wiley Blackwell, vol. 35(1), pages 60-74, February.
    26. Fadil Sahiti & Helen Lawton Smith, 2017. "An application of growth diagnostics on the growth of firms: with evidence from Kosovo firms," Journal of Innovation and Entrepreneurship, Springer, vol. 6(1), pages 1-24, December.
    27. SIGUE, Moussa & SIRPE, Gnanderman, 2019. "Non-linear effects of investment in road infrastructure on the structural competitiveness of the economy: the case of Burkina Faso," MPRA Paper 96142, University Library of Munich, Germany.
    28. Wouter Thierie & Lieven Moor, 2016. "The characteristics of infrastructure as an investment class," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 30(3), pages 277-297, August.
    29. Saba, Charles Shaaba, 2021. "Convergence and transition paths in transportation: Fresh insights from a club clustering algorithm," Transport Policy, Elsevier, vol. 112(C), pages 80-93.
    30. Michael Regan, 2017. "Capital Markets, Infrastructure Investment and Growth in the Asia Pacific Region," IJFS, MDPI, vol. 5(1), pages 1-28, February.
    31. Inderst, Georg, 2010. "Infrastructure as an asset class," EIB Papers 3/2010, European Investment Bank, Economics Department.

  20. Balazs Egert & Tomasz Kozluk & Douglas Sutherland, 2009. "Infrastructure and Growth: Empirical Evidence," CESifo Working Paper Series 2700, CESifo.

    Cited by:

    1. Wei, Shang-Jin & Han, Xuehui, 2015. "Re-examining the Middle Income Trap Hypothesis: What to Reject and What to Revive?," CEPR Discussion Papers 10989, C.E.P.R. Discussion Papers.
    2. Na, Kyoung-Youn & Yoon, Chang-ho, 2015. "ICT development and productivity of transport infrastructure," 2015 Regional ITS Conference, Los Angeles 2015 146329, International Telecommunications Society (ITS).
    3. Manvi Saxena & Varun Chotia & N.V. Muralidhar Rao, 2018. "Estimating the Efficiency of Public Infrastructure Investment: A State-wise Analysis," Global Business Review, International Management Institute, vol. 19(4), pages 1037-1049, August.
    4. Robert A Buckle & Amy A Cruickshank, 2013. "The Requirements for Long-Run Fiscal Sustainability," Treasury Working Paper Series 13/20, New Zealand Treasury.
    5. Yu-Fu Chen & Michael Funke, 2009. "Booms, Recessions and Financial Turmoil: A Fresh Look at Investment Decisions under Cyclical Uncertainty," CESifo Working Paper Series 2759, CESifo.
    6. Saima Nawaz & Saba Anwar & Nasir Iqbal, 2021. "The Spatial Effects of Road Infrastructure on Employment in Pakistan: Quantifying the Role of Complementary Factors," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 60(3), pages 309-330.
    7. Han, Xuehui & Wei, Shang-Jin, 2017. "Re-examining the middle-income trap hypothesis (MITH): What to reject and what to revive?," Journal of International Money and Finance, Elsevier, vol. 73(PA), pages 41-61.
    8. Dobrescu, Emilian, 2018. "A New Version (2018) of the Romanian Macromodel - Aggregate System," MPRA Paper 119105, University Library of Munich, Germany, revised 2018.
    9. Badalyan, Gohar & Herzfeld, Thomas & Rajcaniova, Miroslava, 2014. "Transport infrastructure and economic growth: Panel data approach for Armenia, Georgia and Turkey," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 17(2), pages 22-31.
    10. Sevgi Sezer & Tezcan Abasiz, 2017. "The Impact Of Logistics Industry On Economic Growth: An Application In Oecd Countries," Eurasian Journal of Social Sciences, Eurasian Publications, vol. 5(1), pages 11-23.
    11. Douglas H. Brooks & Eugenia C. Go, 2013. "Infrastructure," Chapters, in: Hal Hill & Maria Socorro Gochoco-Bautista (ed.), Asia Rising, chapter 3, pages 76-103, Edward Elgar Publishing.
    12. Tang, Chor Foon & Abosedra, Salah, 2019. "Logistics performance, exports, and growth: Evidence from Asian economies," Research in Transportation Economics, Elsevier, vol. 78(C).
    13. M. Ayhan Kose & Franziska Ohnsorge & Naotaka Sugawara, 2020. "Benefits and Costs of Debt: The Dose Makes the Poison," Koç University-TUSIAD Economic Research Forum Working Papers 2006, Koc University-TUSIAD Economic Research Forum.
    14. Välilä, Timo, 2020. "Infrastructure and growth: A survey of macro-econometric research," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 39-49.
    15. Leopoldo Laborda & Daniel Sotelsek, 2019. "Effects of Road Infrastructure on Employment, Productivity and Growth: An Empirical Analysis at Country Level," Journal of Infrastructure Development, India Development Foundation, vol. 11(1-2), pages 81-120, June.
    16. Athanasios Tagkalakis, 2014. "Discretionary fiscal policy and economic activity in Greece," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 687-712, November.
    17. Rimsha Irshad & Mehr-un-Nisa & Naghmana Ghafoor, 2023. "Infrastructure and Economic Growth: Evidence from Lower Middle-Income Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 161-179, March.
    18. Sergey Evgenievich Barykin & Irina Vasilievna Kapustina & Elena Viktorovna Korchagina & Sergey Mikhailovich Sergeev & Vladimir Konstantinovich Yadykin & Almakul Abdimomynova & Diana Stepanova, 2021. "Digital Logistics Platforms in the BRICS Countries: Comparative Analysis and Development Prospects," Sustainability, MDPI, vol. 13(20), pages 1-19, October.
    19. International Monetary Fund, 2010. "Post-Crisis Fiscal Policy Priorities for the ASEAN-5," IMF Working Papers 2010/252, International Monetary Fund.
    20. Valter Di Giacinto & Giacinto Micucci & Pasqualino Montanaro, 2012. "The Macroeconomic Impact of Infrastructures: A Literature Review and Empirical Analysis on the Case of Italy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
    21. Anshul Verma & Orazio Angelini & Tiziana Di Matteo, 2019. "A new set of cluster driven composite development indicators," Papers 1911.11226, arXiv.org, revised Mar 2020.
    22. Jagannath Mallick, 2019. "The effects of government investment shocks on private investment: Empirical evidence from the developing economy," Indian Economic Review, Springer, vol. 54(2), pages 291-316, December.
    23. Hans Pitlik & Michael Klien & Stefan Schiman, 2017. "Stabilitätskonforme Berücksichtigung nachhaltiger öffentlicher Investitionen," WIFO Studies, WIFO, number 60595, Juni.
    24. Pierre-Richard Agénor & Kyriakos C. Neanidis, 2010. "Innovation, Public Capital, and Growth," Centre for Growth and Business Cycle Research Discussion Paper Series 135, Economics, The University of Manchester.
    25. Atif Maqbool Khan & Jacek Kwiatkowski & Magdalena Osińska & Marcin Błażejowski, 2021. "Factors of Renewable Energy Consumption in the European Countries—The Bayesian Averaging Classical Estimates Approach," Energies, MDPI, vol. 14(22), pages 1-24, November.
    26. Inderst, Georg, 2017. "UK Infrastructure Investment and Finance from a European and Global Perspective," MPRA Paper 79621, University Library of Munich, Germany.
    27. Despina Gavresi & Anastasia Litina & Georgios Tsiachtsiras, 2022. "“Railways and Roadways to Trust”," AQR Working Papers 202208, University of Barcelona, Regional Quantitative Analysis Group, revised Oct 2022.
    28. Caroline Klein & Robert Price & Andreas Wörgötter, 2013. "Improving the Fiscal Framework to Enhance Growth in an Era of Fiscal Consolidation in Slovakia," OECD Economics Department Working Papers 1018, OECD Publishing.
    29. Price, Richard, 2016. "Governance, funding and finance for major infrastructure projects: bridging the gaps," MPRA Paper 74977, University Library of Munich, Germany.
    30. Kaho YU, 2018. "Energy cooperation in the Belt and Road Initiative: EU experience of the Trans-European Networks for Energy," Asia Europe Journal, Springer, vol. 16(3), pages 251-265, September.
    31. Ogbaro, Eyitayo O., 2019. "Threshold Effects of Institutional Quality in the Infrastructure-Growth Nexus," Journal of Quantitative Methods, University of Management and Technology, Lahore, Pakistan, vol. 3(2), pages 45-61.
    32. Edward J. Oughton & Will Usher & Peter Tyler & Jim W. Hall, 2018. "Infrastructure as a Complex Adaptive System," Complexity, Hindawi, vol. 2018, pages 1-11, November.
    33. Chukwuebuka Bernard Azolibe & Jisike Jude Okonkwo & Patrick Kanayo Adigwe, 2020. "Government Infrastructure Expenditure and Investment Drive in an Emerging Market Economy: Evidence from Nigeria," Emerging Economy Studies, International Management Institute, vol. 6(1), pages 61-85, May.
    34. Florian Morvillier, 2020. "Infrastructures and the real exchange rate," EconomiX Working Papers 2020-26, University of Paris Nanterre, EconomiX.
    35. Celine Bonnefond, 2014. "Growth Dynamics And Conditional Convergence Among Chinese Provinces: A Panel Data Investigation Using System Gmm Estimator," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 39(4), pages 1-25, December.
    36. Robert P. Hagemann, 2012. "Fiscal Consolidation: Part 6. What Are the Best Policy Instruments for Fiscal Consolidation?," OECD Economics Department Working Papers 937, OECD Publishing.
    37. Na, Kyoung-Youn & Yoon, Chang-Ho, 2016. "ICT and Transport Infrastructure Development," 27th European Regional ITS Conference, Cambridge (UK) 2016 148692, International Telecommunications Society (ITS).
    38. Patrice Ollivaud, 2017. "Improving the allocation and efficiency of public spending in Indonesia," OECD Economics Department Working Papers 1381, OECD Publishing.
    39. Radhia Amairia & Bouzid Amaira, 2017. "Transport Infrastructure and Economic Growth: New Evidence from Tunisia an ARDL Bounds Testing Approach," Journal of Infrastructure Development, India Development Foundation, vol. 9(2), pages 98-112, December.
    40. James Alm, 2015. "Financing Urban Infrastructure: Knowns, Unknowns, And A Way Forward," Journal of Economic Surveys, Wiley Blackwell, vol. 29(2), pages 230-262, April.
    41. Vetlov, Igor & Ferdinandusse, Marien & de Jong, Jasper & Funda, Josip, 2017. "The effect of public investment in Europe: a model-based assessment," Working Paper Series 2021, European Central Bank.
    42. Pierre-Richard Agénor & Devrim Yilmaz, 2012. "Simple Dynamics of Public Debt with Productive Public Goods," Centre for Growth and Business Cycle Research Discussion Paper Series 165, Economics, The University of Manchester.
    43. Kolomak, E., 2011. "Efficiency of Infrastructure Capital in Russia," Journal of the New Economic Association, New Economic Association, issue 10, pages 74-93.
    44. Sajjad Barkhordari & Maryam Fattahi & Naser Ali Azimi, 2019. "The Impact of Knowledge-Based Economy on Growth Performance: Evidence from MENA Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(3), pages 1168-1182, September.
    45. Eisgruber, Lasse, 2013. "The resource curse: Analysis of the applicability to the large-scale export of electricity from renewable resources," Energy Policy, Elsevier, vol. 57(C), pages 429-440.
    46. Kadijat Adeleke, Oluwayemisi & Abamba Osakede, Uche & Monisola Ajeigbe, Omowunmi, 2021. "Trade Liberalization And Infrastructure Development: Evidence From The Economic Community Of West African States," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 8(3), pages 1-20, June.
    47. Uppenberg, Kristian & Strauss, Hubert & Wagenvoort, Rien, 2011. "Financing infrastructure," EIB Economic Surveys, European Investment Bank, number 3, sept-dec.
    48. Mustafa Edwin Nasution & Imam Wahyudi, 2017. "Government fiscal policy impact analysis in infrastructure sector and education sector to improve public welfare," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 9(1), pages 51-65, April.
    49. Kyoung-Youn Na & Chirok Han & Chang-Ho Yoon, 2013. "Network effect of transportation infrastructure: a dynamic panel evidence," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 50(1), pages 265-274, February.
    50. Weifan Zhang & Yan Song, 2019. "Is There a Kuznets Curve Effect for China’s Land-Driven Development Mode?," Sustainability, MDPI, vol. 11(16), pages 1-20, August.
    51. Panagiotis Barkas & Mauro Pisu, 2018. "Boosting investment in Greece," OECD Economics Department Working Papers 1506, OECD Publishing.
    52. Iain Docherty & Jon Shaw & Greg Marsden & Jillian Anable, 2018. "The curious death – and life? – of British transport policy," Environment and Planning C, , vol. 36(8), pages 1458-1479, December.
    53. Aiyar, Shekhar & Duval, Romain & Puy, Damien & Wu, Yiqun & Zhang, Longmei, 2018. "Growth slowdowns and the middle-income trap," Japan and the World Economy, Elsevier, vol. 48(C), pages 22-37.
    54. Bayu Agung Prasetyo & Dominicus Savio Priyarsono & Sri Mulatsih, 2013. "Infrastructure, economic growth and inequality in Indonesia land borders," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 5(2), pages 99-108, April.
    55. Ji-Wei Zhu & Li-Nan Zhou & Liang Li & Wajhat Ali, 2020. "Decision Simulation of Construction Project Delivery System under the Sustainable Construction Project Management," Sustainability, MDPI, vol. 12(6), pages 1-21, March.
    56. Ignas Lukosevicius, 2020. "European Union Transport Infrastructure: Roads and Railways Subsectors Case," Eurasian Journal of Business and Management, Eurasian Publications, vol. 8(4), pages 305-318.
    57. Hans Pitlik & Margit Schratzenstaller, 2011. "Growth Implications of Structure and Size of Public Sectors," WIFO Working Papers 404, WIFO.
    58. Ganguly, Shrimoyee & Acharyya, Rajat, 2021. "Deficit versus balanced budget financing of ICT Infrastructure and Export Quality," Journal of Asian Economics, Elsevier, vol. 77(C).
    59. Hugh Goldsmith, 2014. "The Long-Run Evolution of Infrastructure Services," CESifo Working Paper Series 5073, CESifo.
    60. Arusha Cooray & Nabamita Dutta & Sushanta Mallick, 2016. "Does female human capital formation matter for the income effect of remittances? Evidence from developing countries," Oxford Development Studies, Taylor & Francis Journals, vol. 44(4), pages 458-478, October.
    61. Michael Regan, 2017. "Capital Markets, Infrastructure Investment and Growth in the Asia Pacific Region," IJFS, MDPI, vol. 5(1), pages 1-28, February.
    62. Hans Pitlik, 2010. "Fiscal Governance and Government Investment in Europe since the 1990s," WIFO Working Papers 370, WIFO.
    63. Kluge, Jan & Lappoehn, Sarah & Plank, Kerstin, 2020. "The Determinants of Economic Competitiveness," IHS Working Paper Series 24, Institute for Advanced Studies.
    64. Lawrence U. Okoye & Alexander E. Omankhanlen & Johnson I. Okoh & Uchechukwu E. Okorie & Felix N. Ezeji & Benjamin I. Ehikioya & Gideon K. Ezu, 2021. "Effect of Energy Utilization and Financial Development on Economic Growth in Nigeria," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 392-401.

  21. Douglas Sutherland & Robert Price, 2007. "Linkages Between Performance and Institutions in the Primary and Secondary Education Sector," OECD Economics Department Working Papers 558, OECD Publishing.

    Cited by:

    1. Boris Cournède & Antoine Goujard & Álvaro Pina, 2013. "How to Achieve Growth- and Equity-friendly Fiscal Consolidation?: A Proposed Methodology for Instrument Choice with an Illustrative Application to OECD Countries," OECD Economics Department Working Papers 1088, OECD Publishing.
    2. Angelika Pasterniak & Hans Pitlik, 2008. "Einsparungs- und Effizienzsteigerungspotentiale in der öffentlichen Verwaltung. Ergebnisse einer international vergleichenden Analyse," WIFO Monatsberichte (monthly reports), WIFO, vol. 81(12), pages 923-940, December.
    3. Gisela Di Meglio & Metka Stare & Andrés Maroto & Luis Rubalcaba, 2015. "Public Services Performance: An Extended Framework and Empirical Assessment across the Enlarged EU," Environment and Planning C, , vol. 33(2), pages 321-341, April.
    4. Hans Pitlik & Margit Schratzenstaller, 2022. "Kurzexpertise zu Abgabensystem und Ausgabenstrukturen im internationalen Vergleich. Ausgangssituation und Reformbedarf," WIFO Studies, WIFO, number 67988, Juni.
    5. Angelika Pasterniak & Hans Pitlik, 2009. "Potential for Savings and Efficiency Enhancement in Public Administration. Results of an International Benchmarking Analysis," Austrian Economic Quarterly, WIFO, vol. 14(1), pages 23-40, March.
    6. Orsetta Causa & Catherine Chapuis, 2009. "Equity in Student Achievement Across OECD Countries: An Investigation of the Role of Policies," OECD Economics Department Working Papers 708, OECD Publishing.

  22. Douglas Sutherland & Robert Price & Isabelle Joumard & Chantal Nicq, 2007. "Performance Indicators for Public Spending Efficiency in Primary and Secondary Education," OECD Economics Department Working Papers 546, OECD Publishing.

    Cited by:

    1. Romina Boarini, 2009. "Towards better Schools and more Equal Opportunities for Learning in Italy," OECD Economics Department Working Papers 727, OECD Publishing.
    2. Jari Metsämuuronen & Laura Tuohilampi, 2014. "Changes in Achievement in and Attitude toward Mathematics of the Finnish Children from Grade 0 to 9—A Longitudinal Study," Journal of Educational and Developmental Psychology, Canadian Center of Science and Education, vol. 4(2), pages 145-145, November.
    3. Bogetoft, Peter & Heinesen, Eskil & Tranæs, Torben, 2015. "The efficiency of educational production: A comparison of the Nordic countries with other OECD countries," Economic Modelling, Elsevier, vol. 50(C), pages 310-321.
    4. Norman Gemmell & Patrick Nolan & Grant Scobie, 2017. "Public sector productivity: Quality adjusting sector-level data on New Zealand schools," Working Papers 2017/02, New Zealand Productivity Commission.
    5. Fragetta, Matteo, 2010. "Identification in Structural Vector Autoregressions Through Graphical Modelling and Monetary Policy: A Cross-Country Analysis," CELPE Discussion Papers 112, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.
    6. Karin Fischer & Rauf Gönenç & Robert Price, 2011. "Austria: Public Sector Inefficiencies Have Become Less Affordable," OECD Economics Department Working Papers 897, OECD Publishing.
    7. Brijesh C. Purohit, 2015. "Efficiency in Education Sector: A Case of Rajasthan State (India)," Working Papers 2015-121, Madras School of Economics,Chennai,India.
    8. Caroline Klein & Robert Price & Andreas Wörgötter, 2013. "Improving the Fiscal Framework to Enhance Growth in an Era of Fiscal Consolidation in Slovakia," OECD Economics Department Working Papers 1018, OECD Publishing.
    9. Tatjana Slavova, 2008. "A rank order and efficiency evaluation of the EU regions in a social framework," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 35(4), pages 339-367, September.
    10. Bruno Eugène, 2008. "The efficiency frontier as a method for gauging the performance of public expenditure : a Belgian case study," Working Paper Research 138, National Bank of Belgium.
    11. Raffaela Giordano & Sergi Lanau & Pietro Tommasino & Petia Topalova, 2020. "Does public sector inefficiency constrain firm productivity? Evidence from Italian provinces," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 27(4), pages 1019-1049, August.
    12. Robert P. Hagemann, 2012. "Fiscal Consolidation: Part 6. What Are the Best Policy Instruments for Fiscal Consolidation?," OECD Economics Department Working Papers 937, OECD Publishing.
    13. Aftab Ahmed Memon & Zhimin Liu, 2019. "Assessment of Sustainable Development of the Performance of Higher Education Credentials in the Transitive Labor Market," Sustainability, MDPI, vol. 11(9), pages 1-14, May.
    14. Brieuc Monfort, 2015. "Can Increased Public Expenditure Efficiency Contribute to the Consolidation of Public Finances in Japan?," Working Papers halshs-01548620, HAL.
    15. Antony Andrews, 2021. "Persistence of Cost Inefficiency Among Schools: A Myth or Reality?," Economic Papers, The Economic Society of Australia, vol. 40(1), pages 73-77, March.
    16. Luiz de Mello, 2013. "What Can Fiscal Policy Do in the Current Recession? A Review of Recent Literature and Policy Options," Hacienda Pública Española / Review of Public Economics, IEF, vol. 204(1), pages 113-139, March.
    17. International Monetary Fund, 2013. "Iceland: Selected Issues," IMF Staff Country Reports 2013/257, International Monetary Fund.
    18. Christine Mayrhuber & Matthias Firgo & Hans Pitlik & Alois Guger & Ewald Walterskirchen, 2018. "Sozialstaat und Standortqualität," WIFO Studies, WIFO, number 61006, Juni.
    19. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: How Much, How Fast and by What Means?," OECD Economic Policy Papers 1, OECD Publishing.
    20. Cosmin Eugen ENACHE, 2012. "The efficiency of expenditure-related redistributive policies in the European countries," Timisoara Journal of Economics, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 5(18), pages 380-394.
    21. Zoghbi, Ana Carolina & Rocha, Fabiana & Mattos, Enlinson, 2013. "Education production efficiency: Evidence from Brazilian universities," Economic Modelling, Elsevier, vol. 31(C), pages 94-103.
    22. World Bank, 2016. "Republic of Moldova Public Finance Review," World Bank Publications - Reports 28330, The World Bank Group.
    23. Gunther Tichy, 2017. "Mangelnde Effizienz als Erfolgsbremse," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(9), pages 677-699, September.
    24. Karl Aiginger & Julia Bock-Schappelwein, 2007. "Zur Aussagekraft der PISA-2006-Ergebnisse: Chancen und Herausforderungen für den österreichischen Arbeitsmarkt," WIFO Studies, WIFO, number 30719, Juni.
    25. Hans Pitlik & Margit Schratzenstaller, 2022. "Kurzexpertise zu Abgabensystem und Ausgabenstrukturen im internationalen Vergleich. Ausgangssituation und Reformbedarf," WIFO Studies, WIFO, number 67988, Juni.
    26. Ahec Šonje, Amina & Deskar-Škrbić, Milan & Šonje, Velimir, 2018. "Efficiency of public expenditure on education: comparing Croatia with other NMS," MPRA Paper 85152, University Library of Munich, Germany, revised 10 Feb 2018.
    27. António Afonso & Alma Romero & Emma Monsalve, 2013. "Public sector efficiency: evidence for Latin America," Working Papers Department of Economics 2013/20, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    28. Kirjavainen, Tanja, 2007. "Efficiency of Finnish Upper Secondary Schools: An Application of Stochastic Frontier Analysis with Panel Data," Discussion Papers 428, VATT Institute for Economic Research.
    29. Young Hyeo Joo, 2020. "Promoting Sustainable Data-Based Decision-Making in the Korean Educational Information Disclosure System," Sustainability, MDPI, vol. 12(17), pages 1-17, August.
    30. Grazyna Kozun-Cieslak, 2022. "How Does Ukraine Deal with the Efficiency of Public Spending on Education Compared to European Union Countries?," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 1008-1024.
    31. António Afonso & Mina Kazemi, 2017. "Assessing Public Spending Efficiency in 20 OECD Countries," Dynamic Modeling and Econometrics in Economics and Finance, in: Bettina Bökemeier & Alfred Greiner (ed.), Inequality and Finance in Macrodynamics, pages 7-42, Springer.
    32. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: Part 1. How Much is Needed and How to Reduce Debt to a Prudent Level?," OECD Economics Department Working Papers 932, OECD Publishing.
    33. Łukasz Rawdanowicz & Eckhard Wurzel & Ane Kathrine Christensen, 2013. "The Equity Implications of Fiscal Consolidation," OECD Economics Department Working Papers 1013, OECD Publishing.
    34. Azar Dufrechou, Paola, 2016. "The efficiency of public education spending in Latin America: A comparison to high-income countries," International Journal of Educational Development, Elsevier, vol. 49(C), pages 188-203.
    35. Juliana Arias & Alejandro Torres, 2018. "Economic efficiency of public secondary education expenditure: How different are developed and developing countries?," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, vol. 80(4), pages 119-154, February.
    36. Hans Pitlik, 2017. "Österreich 2025 – Verwaltungsreform zwischen Effizienzstreben und Reformwiderständen. Ein Überblick," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(3), pages 205-217, March.
    37. Sutherland, Douglas, 2012. "Fiscal Consolidation Needs and Implications for Growth," MPRA Paper 38745, University Library of Munich, Germany.
    38. Péter Halmai & Viktória Vásáry, 2012. "Convergence crisis: economic crisis and convergence in the European Union," International Economics and Economic Policy, Springer, vol. 9(3), pages 297-322, September.

  23. Anne-Marie Brook & Robert Price & Douglas Sutherland & Niels Westerlund & Christophe André, 2004. "Oil Price Developments: Drivers, Economic Consequences and Policy Responses," OECD Economics Department Working Papers 412, OECD Publishing.

    Cited by:

    1. Bloch, Harry & Rafiq, Shuddhasattwa & Salim, Ruhul, 2015. "Economic growth with coal, oil and renewable energy consumption in China: Prospects for fuel substitution," Economic Modelling, Elsevier, vol. 44(C), pages 104-115.
    2. Antón, Arturo, 2020. "Taxing crude oil: A financing alternative to mitigate climate change?," Energy Policy, Elsevier, vol. 136(C).
    3. Klaus DESMET & Esteban ROSSI-HANSBERG, 2013. "On the Spatial Economic Impact of Global Warming," Discussion papers 13057, Research Institute of Economy, Trade and Industry (RIETI).
    4. Zhang, Yue-Jun & Yao, Ting, 2016. "Interpreting the movement of oil prices: Driven by fundamentals or bubbles?," Economic Modelling, Elsevier, vol. 55(C), pages 226-240.
    5. Golombek, Rolf & Irarrazabal, Alfonso A. & Ma, Lin, 2015. "OPEC’s market power: An Empirical Dominant Firm Model for the Oil Market," Memorandum 21/2015, Oslo University, Department of Economics.
    6. Johan Gars & Daniel Spiro & Henrik Wachtmeister, 2022. "The effect of European fuel-tax cuts on the oil income of Russia," Nature Energy, Nature, vol. 7(10), pages 989-997, October.
    7. Yonghong Jiang & Gengyu Tian & Bin Mo, 2020. "Spillover and quantile linkage between oil price shocks and stock returns: new evidence from G7 countries," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 6(1), pages 1-26, December.
    8. Möbert, Jochen, 2007. "Crude Oil Price Determinants," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 35713, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    9. James L. Smith, 2008. "World Oil: Market or Mayhem?," Working Papers 0815, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
    10. Leszek Kasek & Jakub Boratyński & Leszek Kąsek, 2016. "LOW OIL PRICES: LONG-TERM ECONOMIC EFFECTS FOR THE EU AND OTHER GLOBAL REGIONS BASED ON THE CGE PLACE model," EcoMod2016 9319, EcoMod.
    11. Su, Chi-Wei & Li, Zheng-Zheng & Chang, Hsu-Ling & Lobonţ, Oana-Ramona, 2017. "When Will Occur the Crude Oil Bubbles?," Energy Policy, Elsevier, vol. 102(C), pages 1-6.
    12. Bräuninger, Michael & Matthies, Klaus & Weinert, Günter & Koller, Cornelia & Pflüger, Wolfgang & Roestel, Axel-Adrian, 2005. "Energierohstoffe. Teil I: Szenarien für die langfristige Entwicklung auf den Märkten für Energierohstoffe. Teil II: Strategieansätze unterschiedlicher Energiepreisszenarien aus der Sicht von Politik, ," Strategy 2030 - Wealth and Life in the Next Generation 1, Hamburg Institute of International Economics (HWWI) and Berenberg.
    13. Ernest Gnan, 2009. "Energy, Commodity and Food Price Volatility: What Policy Responses?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 10(01), pages 21-28, April.
    14. Jean-Marc Fournier & Isabell Koske & Isabelle Wanner & Vera Zipperer, 2013. "The Price of Oil – Will it Start Rising Again?," OECD Economics Department Working Papers 1031, OECD Publishing.
    15. Douwe Kingma & Wim Suyker, 2004. "FAQs about oil and the world economy," CPB Memorandum 104, CPB Netherlands Bureau for Economic Policy Analysis.

  24. Lavrov, Aleksei & Litwack, John & Sutherland, Douglas, 2001. "Fiscal federalist relations in Russia: a case for subnational autonomy," MPRA Paper 26537, University Library of Munich, Germany.

    Cited by:

    1. Pertti Haaparanta & Tuuli Juurikkala & Olga Lazareva & Ekaterina Zhuravskaya & Jukka Pirttilä & Laura Solanko, 2004. "Firms and public service provision in Russia," Macroeconomics 0401015, University Library of Munich, Germany.
    2. Jorge Martinez-Vazquez, 2003. "Asymmetric Federalism in Russia: Cure or Poison?," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0304, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    3. Maria Ponomareva & Ekaterina Zhuravskaya, 2004. "Federal tax arrears in Russia Liquidity problems, federal redistribution or regional resistance?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(3), pages 373-398, September.
    4. International Monetary Fund, 2004. "Russian Federation: Selected Issues," IMF Staff Country Reports 2004/316, International Monetary Fund.
    5. Alisher Akhmedjonov & Irina N. Il’ina & Carol S. Leonard & Zafar Nazarov & Evgenij E. Plisetskij & Elena S. Vakulenko, 2013. "Russia’s regions: governance and Well-being, 2000-2008," HSE Working papers WP BRP 42/EC/2013, National Research University Higher School of Economics.
    6. Irina Slinko & Evgeny Yakovlev & Ekaterina Zhuravskaya, 2004. "Laws for Sale: Evidence from Russia," Economics Working Papers 0046, Institute for Advanced Study, School of Social Science.
    7. Hehui Jin & Yingyi Qian & Barry Weingast, 1999. "Regional Decentralization and Fiscal Incentives: Federalism, Chinese Style," Working Papers 99013, Stanford University, Department of Economics.
    8. Irina Ilina & Carol Scott Leonard & Evgenij Pliseckij, 2014. "Modern trends and risks in the development of resource regions of Russia," ERSA conference papers ersa14p1111, European Regional Science Association.
    9. Mr. Jack Diamond, 2002. "Budget System Reform in Transitional Economies: The Experience of Russia," IMF Working Papers 2002/022, International Monetary Fund.
    10. Desai, Raj M. & Freinkman, Lev & Goldberg, Itzhak, 2005. "Fiscal federalism in rentier regions: Evidence from Russia," Journal of Comparative Economics, Elsevier, vol. 33(4), pages 814-834, December.
    11. Goohoon Kwon & Mr. Antonio Spilimbergo, 2005. "Russia's Regions: Income Volatility, Labor Mobility and Fiscal Policy," IMF Working Papers 2005/185, International Monetary Fund.
    12. Karen Vartapetov, 2010. "Russia's federal fiscal grants: regional equalisation and growth," Post-Communist Economies, Taylor & Francis Journals, vol. 22(4), pages 471-481.
    13. Ariane Lambert-Mogiliansky & Konstantin Sonin & Ekaterina Zhuravskaya, 2003. "Capture of Bankruptcy: Theory and Russian Evidence," Working Papers w0038, Center for Economic and Financial Research (CEFIR).
    14. Zhuravskaya, Ekaterina & Slinko, Irina & Yakovlev, Evgeny, 2003. "Institutional Subversion: Evidence from Russian Regions," CEPR Discussion Papers 4024, C.E.P.R. Discussion Papers.
    15. Irina N. Ilina & Carol S. Leonard & Evgenij E. Plisetskij, 2014. "Russian Regional Resilience: Finance, Cooperation And Resource Abundance (A Case Study Of Khanty-Mansiysk)," HSE Working papers WP BRP 15/PA/2014, National Research University Higher School of Economics.
    16. Zhuravskaya, Ekaterina & Ponomareva, Maria, 2004. "Federal Tax Arrears in Russia: Liquidity Problems, Federal Redistribution or Russian Resistance?," CEPR Discussion Papers 4267, C.E.P.R. Discussion Papers.
    17. Litwack, John M., 2002. "Central Control of Regional Budgets: Theory with Applications to Russia," Journal of Comparative Economics, Elsevier, vol. 30(1), pages 51-75, March.
    18. Inna Verbina & Abdur Chowdhury, 2004. "What determines public education expenditures in Russia?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(3), pages 489-508, September.
    19. Raj M. Desai & Lev M. Freinkman & Itzhak Goldberg, 2003. "Fiscal federalism and regional growth : evidence from the Russian Federation in the 1990s," Policy Research Working Paper Series 3138, The World Bank.

Articles

  1. Balázs Égert & Douglas Sutherland, 2014. "The Nature of Financial and Real Business Cycles: The Great Moderation and Banking Sector Pro-Cyclicality," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(1), pages 98-117, February. See citations under working paper version above.
  2. Douglas Sutherland & Sónia Araújo & Balázs Égert & Tomasz Kozluk, 2011. "Public Policies and Investment in Network Infrastructure," OECD Journal: Economic Studies, OECD Publishing, vol. 2011(1), pages 1-23.

    Cited by:

    1. Annabelle Mourougane & Jarmila Botev & Jean-Marc Fournier & Nigel Pain & Elena Rusticelli, 2016. "Can an Increase in Public Investment Sustainably Lift Economic Growth?," OECD Economics Department Working Papers 1351, OECD Publishing.
    2. Luiz de Mello & Douglas Sutherland, 2014. "Financing Infrastructure," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1409, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    3. Goran Sumkoski, 2016. "Are Institutions Conducive to Better Regulatory Environment in Infrastructure?," Competition and Regulation in Network Industries, , vol. 17(1), pages 55-77, March.
    4. Jonas Frank & Jorge Martinez-Vazquez, 2014. "Decentralization And Infrastructure: From Gaps To Solutions," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1405, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.

  3. Douglas Sutherland & Robert Price & Eric Gonand, 2009. "Improving public spending efficiency in primary and secondary education," OECD Journal: Economic Studies, OECD Publishing, vol. 2009(1), pages 1-30.
    See citations under working paper version above.
  4. Douglas Sutherland & Robert Price & Isabelle Joumard, 2006. "Sub-central government fiscal rules," OECD Economic Studies, OECD Publishing, vol. 2005(2), pages 141-181.

    Cited by:

    1. Douglas Sutherland & Peter Hoeller & Balázs Égert & Oliver Röhn, 2010. "Counter-cyclical Economic Policy," OECD Economics Department Working Papers 760, OECD Publishing.
    2. Hans Pitlik, 2007. "Theoretische Eckpunkte einer grundlegenden Reform des aktiven Finanzausgleichs," WIFO Monatsberichte (monthly reports), WIFO, vol. 80(12), pages 951-964, December.
    3. Persson, Lovisa, 2013. "Consumption smoothing in a balanced budget regime," Working Paper Series, Center for Fiscal Studies 2013:12, Uppsala University, Department of Economics.
    4. Sacchi, Agnese & Salotti, Simone, 2015. "The impact of national fiscal rules on the stabilisation function of fiscal policy," European Journal of Political Economy, Elsevier, vol. 37(C), pages 1-20.
    5. Federico Revelli, 2013. "Tax Mix Corners and Other Kinks," Journal of Law and Economics, University of Chicago Press, vol. 56(3), pages 741-776.
    6. International Monetary Fund, 2014. "Euro Area Policies: Selected Issues," IMF Staff Country Reports 2014/199, International Monetary Fund.
    7. Revelli, Federico, 2013. "Tax Limits and Local Democracy," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201336, University of Turin.
    8. Barrios, Salvador & Martínez–López, Diego, 2016. "Fiscal Equalization Schemes and Subcentral Government Borrowing," ADBI Working Papers 595, Asian Development Bank Institute.
    9. Feld Lars P. & Reuter Wolf Heinrich & Yeter Mustafa, 2019. "Öffentliche Investitionen: Die Schuldenbremse ist nicht das Problem," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 20(4), pages 292-303, December.
    10. Sven Jari Stehn & Ms. Annalisa Fedelino, 2009. "Fiscal Incentive Effects of the German Equalization System," IMF Working Papers 2009/124, International Monetary Fund.
    11. David Bartolini & Agnese Sacchi & Simone Salotti & Raffaella Santolini, 2015. "Fiscal decentralisation in times of financial crises," Working Papers. Collection A: Public economics, governance and decentralization 1506, Universidade de Vigo, GEN - Governance and Economics research Network.
    12. Hans Pitlik, 2008. "Theoretical Key Elements for a Fundamental Reform of Federal Fiscal Relations," Austrian Economic Quarterly, WIFO, vol. 13(1), pages 22-35, April.
    13. Lars P. Feld & Ekkehard A. Köhler & Julia Wolfinger, 2018. "Modeling Fiscal Sustainability in Dynamic Macro-Panels with Heterogeneous Effects: Evidence from German Federal States," CESifo Working Paper Series 6976, CESifo.
    14. Banaszewska Monika, 2018. "Side Effects of Fiscal Rules: A Case of Polish Local Self‑Government," Economics and Business Review, Sciendo, vol. 4(1), pages 86-106, April.
    15. Iara, Anna & Wolff, Guntram B., 2014. "Rules and risk in the Euro area," European Journal of Political Economy, Elsevier, vol. 34(C), pages 222-236.
    16. Étienne Farvaque & Martial Foucault & Marcelin Joanis, 2015. "L’endettement public des provinces canadiennes : Les règles d’équilibre budgétaire sont-elles efficaces?," CIRANO Working Papers 2015s-10, CIRANO.
    17. Edoardo Di Porto & Federico Revelli, 2009. "Central command, local hazard and the race to the top," Working Papers 2009/26, Institut d'Economia de Barcelona (IEB).
    18. Farvaque, Étienne & Foucault, Martial & Joanis, Marcelin, 2012. "Les règles budgétaires dans les provinces canadiennes : nomenclatures et éléments d’analyse," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(3), pages 281-315, Septembre.
    19. Kaja Fredriksen, 2013. "Fiscal Consolidation Across Government Levels - Part 2. Fiscal Rules for Sub-central Governments, Update of the Institutional Indicator," OECD Economics Department Working Papers 1071, OECD Publishing.
    20. Mr. Luc Eyraud & Mr. Tao Wu, 2015. "Playing by the Rules: Reforming Fiscal Governance in Europe," IMF Working Papers 2015/067, International Monetary Fund.

  5. Gleb Bylov & Douglas Sutherland, 1998. "Statistical overview," Post-Communist Economies, Taylor & Francis Journals, vol. 10(3), pages 305-318.

    Cited by:

    1. Buch, Claudia M. & Heinrich, Ralph P. & Spinanger, Dean & Engerer, Hella & Lodahl, Maria & Schrettl, Wolfram & Schrooten, Mechthild & Gabrisch, Hubert & Sigmund, Peter, 1998. "Die wirtschaftliche Lage Rußlands: Krise offenbart Fehler der Wirtschaftspolitik. Dreizehnter Bericht," Open Access Publications from Kiel Institute for the World Economy 1051, Kiel Institute for the World Economy (IfW Kiel).

  6. Douglas Sutherland & Philip Hanson, 1996. "Structural change in the economies of Russia's regions," Europe-Asia Studies, Taylor & Francis Journals, vol. 48(3), pages 367-392.

    Cited by:

    1. Jorge Martinez-Vazquez, 2003. "Asymmetric Federalism in Russia: Cure or Poison?," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0304, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    2. Jacques Fontanel & Ivan Samson, 2003. "Un capitalisme à la russe," Post-Print hal-03290335, HAL.
    3. R. Jerome Anderson, 2006. "Industrial firm linkages in a post-Soviet urban economy: implications for development policy and programmes," Progress in Development Studies, , vol. 6(3), pages 224-241, July.
    4. Jonathan Oldfield, 2000. "Structural Economic Change and the Natural Environment in the Russian Federation," Post-Communist Economies, Taylor & Francis Journals, vol. 12(1), pages 77-90.
    5. Jorge Martinez-Vasquez & Jameson Boex, 2001. "Russia's Transition to a New Federalism," World Bank Publications - Books, The World Bank Group, number 15248, December.
    6. Jacques Fontanel, 2002. "Le rôle de l'Etat dans l'économie russe. Du passé au présent, pour quel futur ?," Working Papers hal-02385486, HAL.

Chapters

  1. Nicholas Horsewood & Douglas Sutherland, 2002. "Market efficiency in transition economies: equity markets and EU accession," Chapters, in: David G. Dickinson & Andrew W. Mullineux (ed.), Financial and Monetary Integration in the New Europe, chapter 17, Edward Elgar Publishing.

    Cited by:

    1. Gebka, Bartosz, 2008. "Volume- and size-related lead-lag effects in stock returns and volatility: An empirical investigation of the Warsaw Stock Exchange," International Review of Financial Analysis, Elsevier, vol. 17(1), pages 134-155.

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