This paper reviews the key issues concerning the impact of public spending and taxation on
long-run growth and inequality and takes stock of existing theoretical and empirical studies …

Fiscal sustainability issues over rising national debt concerns and the consequent
expansionary fiscal retrenchment hypothesis has fuelled the contentious austerity vis-à-vis …

Using an annual data set covering 17 OECD countries over the time period 1978–2013, this
paper analyzes the dynamic effects of fiscal consolidation episodes on income inequality in …

Nine years after Lehman, the euro area remains mired in stagnation which stands in stark
contrast to the economic recovery in the US or the UK. This chapter takes a look at the …

Access to a safe and inexpensive source of energy is one of society's essential needs that
helps to support economic growth and development. Yet, there are a number of current …

Economic policies shape how much people earn as well as how stable their income and
jobs are. The level and stability of earnings both matter for well-being. Standard economic …

The European project is a long-run success story. Up to the 1990s, Europe thrived and
experienced rising prosperity, as well as a catching up process with technology frontiers …

In the context of fiscal federalism, local authorities have expanded their administrative
powers, being nowadays involved in the efforts of macroeconomic stabilisation or ensuring a …

This thesis aims to identity the effect of state-financialisation on economic growth in the
member states of the European Union (EU). In doing, so this thesis tackles one of the most …

In the aftermath of COVID-19 crisis, high inflation, the rise of public debt for more than 10%
of GDP worldwide and energy crisis due to war in Ukraine, governments seem to have no …