Are All Summary Indicators Of The Stance Of Fiscal Policy Misleading
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Are All Summary Indicators Of The Stance Of Fiscal Policy Misleading
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1988-12-23
Are All Summary Indicators Of The Stance Of Fiscal Policy Misleading written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-12-23 with Business & Economics categories.
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Are All Summary Indicators Of The Stance Of Fiscal Policy Misleading
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Author : George A. (Sandy) Mackenzie
language : en
Publisher:
Release Date : 2006
Are All Summary Indicators Of The Stance Of Fiscal Policy Misleading written by George A. (Sandy) Mackenzie and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally-measured public sector balances from which they are derived are not sufficiently broadly defined; second, that they are meaningless because they do not reflect changes in the distribution of wealth among generations. The paper concludes that the defects of summary fiscal indicators have been exaggerated. It is not feasible to include all changes in public sector net worth in the deficit, and the existence of liquidity constraints and aversion to indebtedness imply that conventionally-measured public sector deficits are not irrelevant.
Are All Summary Indicator Of The Stance Of Fiscal Policy Misleading
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Author : G. A. Mackenzie
language : en
Publisher:
Release Date : 1988
Are All Summary Indicator Of The Stance Of Fiscal Policy Misleading written by G. A. Mackenzie and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.
Are All Summary Indicators Of The Stance Of Fiscal Policy Misleading
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Author : George A. Mackenzie
language : en
Publisher:
Release Date : 1988
Are All Summary Indicators Of The Stance Of Fiscal Policy Misleading written by George A. Mackenzie and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.
Fiscal Impulse
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Author : Mr.Mark Scott Lutz
language : en
Publisher: International Monetary Fund
Release Date : 1991-09-01
Fiscal Impulse written by Mr.Mark Scott Lutz and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-09-01 with Business & Economics categories.
The concept of fiscal impulse is defined, discussed, and differentiated from measures that attempt to summarize the macroeconomic effects of fiscal policy. Two methodologies are briefly discussed and their corresponding measures presented for the G-7 countries over the ten-year period ending in 1989. Controversies about the measure are highlighted and potential improvements are also discussed.
How To Measure The Fiscal Deficit
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Author : Mr.Mario I. Bléjer
language : en
Publisher: International Monetary Fund
Release Date : 1991-09-15
How To Measure The Fiscal Deficit written by Mr.Mario I. Bléjer and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-09-15 with Business & Economics categories.
Fiscal policy seeks to equilibrate the public sector's financing needs with the private sector's demand for investment and a sustainable balance of payments. Correct measurement of the public sector's net use of resources is therefore an important prerequisite for managing the macroeconomy. This volume, edited by Mario I. Blejer and Adrienne Cheasty, is organized around four issues: the adequacy of summary measures of the fiscal deficit, conventional and adjusted deficits, coverage (size) of the public sector, and the public sector's intertemporal budget constraint.
Fiscal Indicators
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Author :
language : en
Publisher:
Release Date : 2007
Fiscal Indicators written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
Imf Staff Papers
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1989-01-01
Imf Staff Papers written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-01-01 with Business & Economics categories.
Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally measured public sector balances from which they are derived are not sufficiently broadly defined; second, that they are meaningless because they do not reflect changes in the distribution of wealth between generations. The paper concludes that the defects of summary fiscal indicators have been exaggerated. It is not feasible to include all changes in public sector net worth in the deficit, and the existence of liquidity constraints and aversion to indebtedness imply that conventionally measured public sector deficits are not irrelevant.
Fiscal Adjustments In Oecd Countries
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Author : Mr.Alberto Alesina
language : en
Publisher: International Monetary Fund
Release Date : 1996-07-01
Fiscal Adjustments In Oecd Countries written by Mr.Alberto Alesina and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-07-01 with Business & Economics categories.
This paper studies how the composition of fiscal adjustments influences their likelihood of “success”, defined as a long lasting deficit reduction, and their macroeconomic consequences. We find that fiscal adjustments which rely primarily on spending cuts on transfers and the government wage bill have a better chance of being successful and are expansionary. On the contrary fiscal adjustments which rely primarily on tax increases and cuts in public investment tend not to last and are contractionary. We discuss alterative explanations for these findings by studying both a full sample of OECD countries and by focusing on three case studies: Denmark, Ireland and Italy.
Government Expenditure And Economic Growth In The Eu
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Author : Alfonso Arpaia
language : en
Publisher:
Release Date : 2008
Government Expenditure And Economic Growth In The Eu written by Alfonso Arpaia and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Economic development categories.
Recoge: 1. Introduction - 2. Empirical strategy and data - 3. Panel unit root tests and cointegration analysis - 4. Heterogeneous panel ECM estimation - 5. Robustness analysis - 6. Implications for policy - 7. Concluding remarks.