Is Fiscal Policy Procyclical in the Euro Area?

2013 ◽  
Vol 14 (1) ◽  
pp. 73-88 ◽  
Author(s):  
Florence Huart
Keyword(s):  
Fiscal Policy ◽  
The Netherlands ◽  
Euro Area ◽  
Oecd Countries ◽  
Discretionary Fiscal Policy ◽  
Significant Case ◽  
The Relationship ◽  
Public Deficits ◽  
Public Debts

Abstract We test the relationship between the cyclically adjusted primary balance and alternative indicators of cyclical conditions for the euro area and 18 OECD countries over the period 1970-2009. A countercyclical stance of discretionary fiscal policy is found during bad times after 1999 in the euro area as a whole and in a few member countries only (France, Ireland and The Netherlands). It is also associated with high public deficits or low public debts. There is no significant case of procyclical fiscal policy after 1999, neither in good times nor in bad times.

Discretionary fiscal policy in the Euro area: Past, present and future

2020 ◽  
pp. 55-85
Author(s):  
Francesco Caprioli ◽  
Marzia Romanelli ◽  
Pietro Tommasino
Keyword(s):  
Fiscal Policy ◽  
Euro Area ◽  
Discretionary Fiscal Policy

THE RELATIONSHIP BETWEEN CO2 EMISSIONS AND FINANCIAL DEVELOPMENT

2015 ◽  
Vol 60 (05) ◽  
pp. 1550117 ◽  
Author(s):  
JOE-MING LEE ◽  
KU-HSIEH CHEN ◽  
CHIN-HO CHO
Keyword(s):  
The Netherlands ◽  
Co2 Emissions ◽  
Financial Development ◽  
Energy Use ◽  
Oecd Countries ◽  
Cross Sectional ◽  
Eu Countries ◽  
Cross Sectional Dependence ◽  
The Relationship ◽  
The U.S

This paper examines the relationships among CO2 emissions, energy use, GDP, and financial development for 25 OECD countries over the 1971–2007 period. From the results of the panel FMOLS and the cross-sectional dependence regression, we do not find any support for the existence of the EKC for OECD countries. Moreover, the results present that the coefficient of financial development to CO2 emissions is negative and statistically significant for eight countries (Austria, Denmark, Germany, Ireland, the Netherlands, Norway, Portugal, and the U.S.). The findings of this study thus show that financial development can help EU countries to adjust their CO2 emissions.

Discretionary Fiscal Policy in the Euro Area: Past, Present and Future

2017 ◽  
Author(s):  
Francesco Caprioli ◽  
Marzia Romanelli ◽  
Pietro Tommasino
Keyword(s):  
Fiscal Policy ◽  
Euro Area ◽  
Discretionary Fiscal Policy

Government investment fiscal multipliers: evidence from Euro-area countries

2021 ◽  
pp. 1-19
Author(s):  
Matteo Deleidi ◽  
Francesca Iafrate ◽  
Enrico Sergio Levrero
Keyword(s):  
Fiscal Policy ◽  
Euro Area ◽  
Government Expenditure ◽  
Structural Vector Autoregression ◽  
Government Investment ◽  
Fiscal Multipliers ◽  
Discretionary Fiscal Policy ◽  
The Government ◽  
Local Projections ◽  
Structural Vector

Abstract This paper aims to estimate the government investment fiscal multipliers in select European countries for the period 1970–2016. To do this, we combine Structural Vector Autoregression (SVAR) modeling with the Local Projections (LP) approach. We estimate models by also controlling for fiscal foresight, excluding the postcrisis period and distinguishing between Northern and Southern countries. Our findings suggest that an increase in government investment generates a “Keynesian effect” by engendering positive and permanent effects on the GDP level, even when government expenditure expectations are considered. Fiscal multipliers are close to 1 on impact and increase in the years after the implementation of a discretionary fiscal policy.

Politics and Identity in Alevi Kurds: An interview with Martin van Bruinessen

2020 ◽  
Vol 8 (1) ◽  
pp. 7-15
Author(s):  
Umit Cetin ◽  
Celia Jenkins ◽  
Suavi AYDIN
Keyword(s):  
The Netherlands ◽  
Left Wing ◽  
Intellectual Engagement ◽  
Religious Dimension ◽  
The Relationship ◽  
Diasporic Communities

This interview with Martin van Bruinessen records his personal and intellectual engagement with Alevis in Turkey and the Netherlands for over fifty years. Initially, his interest was in Anatolian Alevi culture and he began exploring the religious dimension of Alevism in the 1970s at a time when Alevis were more preoccupied with left-wing politics. He charts the emergence of Alevism studies since the 1980s and links it to the religious resurgence and reinvention of diverse ethno-religious Alevi identities associated with urbanised and diasporic communities. He further examines the relationship between Kurdish and Alevi movements and Alevism and Islam.

scholarly journals Citizenship acquisition and spatial stratification: Analysing immigrant residential mobility in the Netherlands

Urban Studies ◽  
2021 ◽  
pp. 004209802110060
Author(s):  
Christophe Leclerc ◽  
Maarten Vink ◽  
Hans Schmeets
Keyword(s):  
The Netherlands ◽  
Housing Market ◽  
Labour Market ◽  
Residential Mobility ◽  
Home Ownership ◽  
Register Data ◽  
Median Income ◽  
High Concentrations ◽  
The Relationship ◽  
Spatial Stratification

Whereas the so-called ‘citizenship premium’ in the labour market has been widely studied, we know little about how naturalisation affects immigrants’ lives beyond work and income. Focusing on the Netherlands, this paper analyses the relationship between citizenship acquisition and immigrant residential mobility, in particular the propensity of immigrants to move away from areas with high concentrations of migrants. We draw on register data from Statistics Netherlands ( N = 234,912). We argue that possessing Dutch citizenship reduces spatial stratification by diminishing the risk of housing market discrimination, thereby facilitating mobility outside of migrant-concentrated areas. Our findings show that naturalised immigrants are 50% more likely to move out of concentrated neighbourhoods, all else constant. The effect of naturalisation is especially relevant for renting without housing benefits and for home ownership, and for mid-risk immigrants who earn around the median income and hold permanent jobs, whose applications face strong scrutiny from landlords, rental agencies and mortgage lenders.

scholarly journals Risk-Taking Behavior and the Consumption of Alcohol Mixed with Energy Drink among Australian, Dutch and UK Students

2021 ◽  
Vol 18 (10) ◽  
pp. 5315
Author(s):  
Sean J. Johnson ◽  
Sarah Benson ◽  
Andrew Scholey ◽  
Chris Alford ◽  
Joris C. Verster
Keyword(s):  
Alcohol Consumption ◽  
The Netherlands ◽  
Risk Taking ◽  
Positive Relationship ◽  
Energy Drinks ◽  
Energy Drink ◽  
Energy Drink Consumption ◽  
Risk Taking Behavior ◽  
The Relationship ◽  
Level Of Risk

The relationship between risk-taking behavior, alcohol consumption and negative alcohol-related consequences is well known. The current analyses were conducted to investigate whether alcohol mixed with energy drink (AMED) is related to risk-taking behavior and if there is a relationship between the amount of energy drink mixed with alcohol consumed, risk-taking behavior and negative alcohol-related consequences. Data from N = 1276 AMED consuming students from the Netherlands, UK and Australia who completed the same survey were evaluated. The analysis revealed that, compared to AMED occasions, on alcohol only (AO) occasions significantly more alcohol was consumed and significantly more negative alcohol-related consequences were reported. On both AO and AMED occasions, there was a strong and positive relationship between amount of alcohol consumed, level of risk-taking behavior and number of reported negative alcohol-related consequences. In contrast, the level of risk-taking behavior was not clearly related to energy drink consumption. Across risk-taking levels, differences in the amount of energy drink consumed on AMED occasions did not exceed one 250 mL serving of energy drink. When correcting for the amount of alcohol consumed, there were no statistically significant differences in the number of energy drinks consumed on AMED occasions between the risk-taking groups. In conclusion, alcohol consumption is clearly related to risk-taking behavior and experiencing negative alcohol-related consequences. In contrast, energy drink intake was not related to level of risk-taking behavior and only weakly related to the number of experienced negative alcohol-related consequences.

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