Fiscal rules are argued to be important for sound and sustainable fiscal policies and have
been increasingly adopted over the last 20 years. As increased fiscal pressure and fiscal …

Existing research has focused on factors explaining why individuals become self-employed.
Self-employment may represent a significant proportion of total employment in many …

How should small states formulate a countercyclical fiscal policy to achieve economic
stability and fiscal sustainability when they are prone to natural disasters, climate change …

This study contributes to the literature by establishing the linkages between new institutional
economics, public finance theory, and tourism economics, to explore the motives of capital …

В статье рассматриваются тенденции государственного бюджетного финансирования
российской инфраструктуры в 2007–2017 годы. Выявлена положительная взаимосвязь …

Policymakers are increasingly focusing on structural adjustment and efficiency to cope with
the pressures that the economic downturn has placed on local finances. Accordingly, the …

A recent body of literature has sought to determine the causes of the global decline of the
labor share. We study the role played by government investment—which has also fallen in …

The investment policy of the state is an important tool for diversifying the economy. This
paper analyzes the share of capital investment in GDP, the index of fixed capital investment …

Today's generations can affect the future ecosystem more than any previous generations
and aggravate the welfare of future people. People who have not yet been born are …

We study three key aspects of household behavior, ie the form of household preferences,
the existence of interdependence between consumption and leisure choices, and the Frisch …