Economic, political, and institutional determinants of public deficits

Article Abstract:

In the year 1970-1990 a large set of economic, sociopolitical, and institutional variables were used to identify, which variables were important to explain the different size of public deficits in 57 developed and developing countries. Financial depth, income inequality, assassination, cabinet size, and centralization of authority in budgetary decision are found to be significant and important determinants of public deficits.

Budget deficits, Deficit financing, Deficit spending

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Corruption and the costs of redistribution: micro evidence from Indonesia

Article Abstract:

Impact of corruption on the redistribution of wealth in developing countries is discussed with reference to the anti-poverty program in Indonesia as a case study.

Indonesia, Distribution (Economics), Corruption, Wealth, Distribution of wealth

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Consumption externalities, production externalities, and long-run macroeconomic efficiency

Article Abstract:

The impact of consumption and production externalities on the welfare of a growing economy is discussed.

Science & research, Research, Consumption (Economics), Macroeconomics, Production (Economics)

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