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Under what conditions are budget institutions likely to be strengthened? We find that fiscal...

The budget is an expression of political rather than economic priorities. We confirm this...

This paper explores the impact of political and institutional variables on public...

The countries of the Middle East and North Africa, and the Caucasus and Central Asia have the...

While models based on Friedman's (1957) permanent-income hypothesis can provide oilproducing...

In this paper, we revisit the effects of government spending shocks on private consumption within...