Fiscal policy
Top PDF Fiscal policy:
Essays on fiscal policy
... discretionary fiscal policy is employed either as a stimulative tool or as a debt consolidation tool there are many doubts about the effectiveness in terms of the domestic absorption of the policy ...
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DT 02/17 - Long-term effects of fiscal policy in Uruguay
... we move from the lowest to the highest quintile (Q5), the fiscal policy coefficients change magnitude, significance and even the sign. Interestingly, the poorer (Q1 or low class) reduce their income ...
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Essays in monetary and fiscal policy
... Another policy concern that is high on the agenda in many countries is fiscal sus- tainability in the aftermath of the global economic ...monetary policy and inflation are to play an important role ...
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Essays on Fiscal Policy in Developing Countries and Microstates
... culate fiscal multipliers and examine how the level of development, exchange rate regime, trade openness and public indebtedness can influence their size on panel data from devel- oping and developed ...of ...
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Reassessing discretionary fiscal policy / John B Taylor
... countercyclical policy; that is, strong economic growth being accompanied by higher ...stimulative fiscal policy in the late ...countercyclical fiscal movements of the structural surplus ...
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Essays on monetary and fiscal policy
... Our paper contributes to the recent theoretical literature of fiscal policy in a monetary union. Corsetti and Pesenti (2001) analyze the spillovers induced by public spending through changes in the terms of ...
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Stabilisation policy in EMU : the case for more active fiscal policy
... term, fiscal policy operates directly via aggregate demand, and there is a crowding out effect due to changes in the interest and exchange ...When fiscal expansion occurs, interest rates tend to ...
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On the behavior of fiscal policy with costly expectations
... that fiscal policy should be countercyclical: governments should increase public spending and lower taxes in bad times, and they should do the opposite during good ...that fiscal policy should ...
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DT 04/12 - Joint determinants of fiscal policy, income inequality and economic growth
... the fiscal policy equations incorporate one fundamental aspect of constitutions: the forms of ...economic policy can be exercised once in office and how conflicts between elected representatives can ...
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fiscal policy (1) Jhon Cotrino.pdf
... American fiscal policy has been dominantly pro-cyclical, focused more on preserving long-term fiscal sustainability than on responding to big macroeconomic shocks, such as a financial ...countries’ ...
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Fiscal policy and the real exchange rate: some evidence from Spain
... s mentioned above, there are a number of papers analysing how changes in government expenditure affect the real exchange rate, as a by-product of the literature on the macroeconomic effects of fiscal ...
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Essays on Monetary Policy, Wage Bargaining and Fiscal Policy
... and fiscal policy are conducted by two in- dependent authorities, sharing the same ...the fiscal policy maker chooses the fiscal gap sequen- tially, ...the policy problem in each ...
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Fiscal Policy, the Current Account, and the Twin Deficits Hypothesis
... A large body of empirical literature has focused in solving that theoretical controversy, arriving also to contradictory results. On the one hand, there is a collection of papers that found empirical support of the twin ...
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OECD ECONOMIC OUTLOOK: SPECIAL FOCUS ON FISCAL POLICY AND INSTITUTIONS
... tary policy, prompting the Bank of Japan to clarify that it will only change its current policy when inflation remains zero or positive for a sustained period and the risk of falling back into deflation has ...
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Efectos reales de la política fiscal en Colombia: 1990 2007Real effects of the fiscal policy in Colombia: 1990 2007
... Para entender los efectos de la política fiscal se debe preestablecer un valor esperado para la brecha del producto y la inflación en t+1. Si se espera que aumenten los gastos del Gobierno en t+1, con respecto a ...
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Essays on the political economy of fiscal policy
... optimal policy depends on distorting factors such as: the regressiveness of the tax rates, the initial investment in detection technology, the existence of a labor market com- prised by undocumented migrant ...
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Fiscal policy, the current account, and the twin deficits hypothesis
... Relationship between …scal policy and the current account. Traditional view suggests that a …scal expansion should lead to a worsening in the current account, contrary to the Ricardian view, in which there is no ...
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Essays on Monetary and Fiscal Policy
... monetary policy rule in a scenario of …nancial ...monetary policy performance would change if some indicator of the credit market imperfections is included in the ...
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Essays on Money, Credit and Fiscal Policy
... The objective of the first chapter (titled Economic (In)Stability under Monetary Targeting ) is to check out whether the monetary policy conduct of targeting a mon- etary aggregate may or may not favor the ...
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Cost report 2017 : Indicators
... Presidency and Economics Department Directorate of Budget and Fiscal Policy Directorate of Cost Management and Assessment Services Amounts not allocated by the responsible Management 019[r] ...
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