Search results for "Crowding-out effect"
showing 2 items of 2 documents
How best to measure discretionary fiscal policy? Assessing its impact on private spending
2013
We develop a novel empirical approach to assess the effect of discretionary fiscal policy on private spending consisting of three stages: 1) extract the discretionary component of fiscal policy by estimating a fiscal policy rule; 2) use the residuals of the first-stage regression to investigate the existence of crowding-in and/or crowding-out effects both in the short and the medium term; and 3) condition the response of private spending on a set of country characteristics. We find that an expansion in discretionary fiscal policy boosts growth in the short term, but is detrimental in the medium term. In addition, the empirical findings suggest that the effect of discretionary fiscal policy …
Effects of a French remedial program on pupils’ educational outcomes
2018
International audience; Few studies have examined the French “Networks for Specialized Assistance to Pupils in Difficulty” (Rased). In this article, we evaluate the impact of receiving Rased services in the first year of primary schooling on academic success. Using data from a national panel study, we find inconsistency in student selection within Rased. Using matching methods, our results reveal that pupils who benefited from the program school have a higher probability of grade repetition and obtain significantly lower scores on the third grade national assessment, particularly in mathematics, compared to pupils with similar characteristics who did not take part in the program. This impac…