The fifteenth volume of the Journal of Government and Economics (JGE) was released in the autumn of 2024, with articles exploring a variety of topics in the emerging field of government and economics. Massimo Amato, Everardo Belloni, Carlo A. Favero, Lucio Gobbi and Ludovica Priviero propose flexible fiscal rules alongside creating a European Debt Agency as a tool for efficiently managing Eurozone public debt while addressing roll-over risks and sustainability risks. Séverine Menguy questions the adequacy of the EU's renewed Stability and Growth Pact aimed at debt sustainability and economic stabilization, as well as similarities and differences with previous rules. Jang C. Jin and Dan-A Kim employ a cross-country regression to investigate the role of education in the growth of nations, which in general can have significant effects on economic development. Ting Zhai examines the impact of policies prohibiting employers from asking about salary history and related government interventions, showing their limited effect on employment levels. Abraham Lartey exploits the exogenous variation in the timing of giant oilfield discoveries to estimate the causal impact of natural resources on the performance of non-resource tax revenues. Debin Ma and Jared Rubin develop a new analytical framework regarding the role of ideology and ideological change by contrasting Japan and China's respective paths towards economic modernization.
European sovereign debt risk management: The role of a European Debt Agency
Massimo Amato, Everardo Belloni, Carlo A. Favero, Lucio Gobbi, Ludovica Priviero
Reform of the Stability and Growth Pact: Which changes for the governments?
Séverine Menguy
Education and economic growth: Does the East Asian education fever overstate the growth effect?
Jang C. Jin, Dan-A Kim
Does government regulations protecting employee privacy hurt employment? The Impact of Salary History Bans on Employment
Ting Zhai
Government responses to oilfield discoveries: Impact of resource wealth on non-resource tax revenues
Abraham Lartey
Ideology and economic change the contrasting paths to the modern economy in late 19th century China and Japan
Debin Ma, Jared Rubin