This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify th

This book makes a unique contribution in advancing understanding of the fiscal condition and growth potential of the New Member States of the European Union. It

This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project ap

We study the effects of federal purchases on firms’ investment using a novel panel dataset that combines federal procurement contracts in the United States wi

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a