 Public Finances Today: Lessons Learned and Challenges AheadSalvador Barrios (),
Serena Fatica,
Diego Martínez,
Gilles Mourre (),
Ferhan Salman (),
Elva Bova (),
Christina Kolerus (),
Jules S. Tapsoba (),
Gilles Mourre (),
Nikola Altiparmakov (),
Lukas Reiss (),
Mariano Bosch (),
Angel Melguizo,
Carmen Pages-Serra (),
Renee Philip (),
Boris Courn� de (),
Antoine Goujard,
Álvaro Pina,
Wolfgang Merz (),
Martin Larch (),
Kristin Magnusson Bernard (),
Balint Tatar (),
Nicola Giammarioli (),
Cristina Checherita-Westphal (),
Alexander Klemm,
Paul Viefers (),
Pedro Hinojo (),
Giovanni Ricco (),
Giovanni Callegari,
Jacopo Cimadomo,
Enrico D�Elia (),
Filippo Maria Pericoli,
Reda Cherif,
Fuad Hasanov,
Ernesto Rezk (),
Diego Mart�nez L�pez (),
Anna Kalbhenn (),
Livio Stracca (),
Luiz de Mello (),
George Hondroyiannis,
Dimitrios Papaoikonomou,
Jan Babeck�,
Richard Morris (),
Pietro Rizza (),
Vladimir Borgy (),
Kirstine Eibye Brandt (),
Manuel Pereira,
Anna Jablecka (),
Javier J. P�rez (),
Lukas Reiss (),
Morten Rasmussen (),
Karim Triki (),
Lara Wemens (),
David Heald (),
Ludov�t Ï¿½dor (),
Tomasz Jedrzejowicz (),
Marcin Kitala (),
Xavier Debrun,
Tidiane Kinda,
Geert Langenus (),
Fabrizio Balassone,
Sandro Momigliano,
Marzia Romanelli,
Pietro Tommasino (),
Teresa Ter-Minassian (),
Marco Buti (),
Daniele Franco and
Karsten Wendorff ()
No 19, Workshop and Conferences from Bank of Italy, Economic Research and International Relations Area Abstract: The volume collects the essays presented at the 16th Workshop on Public Finance organised by Banca d�Italia in Perugia from 3 to 5 April 2014. The workshop had two main objectives: (i) examining the changes that public policies should undertake in the coming years to adapt to the challenging new environment; (ii) assessing policy responses to the crisis. In many countries the recent crisis accelerated pre-existing trends and made even more urgent a rethinking of the tax and welfare systems. The workshop contributed to this reassessment offering insights on the consequences of specific reforms carried out in Europe and elsewhere. The reaction to the euro-area sovereign debt crisis included fiscal adjustments as well as institutional reforms. In the workshop, theoretical and empirical works examined timing, effectiveness and composition of the fiscal consolidations carried out, as well as the recent reform of EU governance. The first session focused on the effects of both tax and expenditure policies on tax rates, work related tax expenditures, labor markets, the overall economy and pension reforms. Budgetary adjustments were at the core of the second session. Factors conducive to a successful exit from IMF official assistance, impact of government�s payment delays, propagation of government spending shocks, debt dynamics, the effects on public opinion of fiscal policy and fiscal multipliers were all given space and attention. The third session concentrated on recent changes in fiscal rules, fiscal councils and the possible establishment of an euro-area fiscal union. The panel discussion focused on the progress made and the characteristics of existing fiscal rules. Keywords: arrears; accounts payable; caribbean; expenditure; fiscal policy; fiscal adjustment; financial crises; fiscal measures; fiscal policy uncertainty; fiscal reaction function; fiscal rules; fiscal transmission mechanism; government spending shock; imf lending; impact of public finance; informality; labor market; latin america; macroeconomic; national saving; public debt; public payment delays; impulse responses; payg vs. funded rates of return; pension privatization; pensions; revenue; var; unemployment gaps (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bdi:workpa:sec_19 Access Statistics for this paper More papers in Workshop and Conferences from Bank of Italy, Economic Research and International Relations Area Contact information at EDIRC. |
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