Economic Effects Of The Government Budget

DOWNLOAD

Download Economic Effects Of The Government Budget PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Economic Effects Of The Government Budget book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Economic Effects Of The Government Budget

DOWNLOAD
Author : Elhanan Helpman
language : en
Publisher: MIT Press (MA)
Release Date : 1988

Economic Effects Of The Government Budget written by Elhanan Helpman and has been published by MIT Press (MA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Business & Economics categories.

The original contributions in this book analyze all of the budget's components expenditures, revenues, the deficit - with a special emphasis on issues that have assumed increasing importance over the last decade or so, such as intergenerational transfers of debt and declines in corporate tax revenues.

The Economic Effects Of Restrictions On Government Budget Deficits

DOWNLOAD
Author : Christian Ghiglino
language : en
Publisher:
Release Date : 1998

The Economic Effects Of Restrictions On Government Budget Deficits written by Christian Ghiglino and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.

In overlapping-generations economies with perfect financial markets and lumpsum taxation, restrictions on the government budget deficits do not limit the set of achievable allocations. For economies in which tax instruments are distortionary and limited in number, deficits are irrelevant only in the unrealistic case in which the number of tax instruments is large relative to the number of policy goals. In particular, if the government can use only anonymous consumption taxes, then achieving the prescribed deficits without changing the equilibrium allocation will typically be impossible when the number of consumers exceeds the number of commodities. A similar result holds if consumer credit is (exogenously) restricted. Surprisingly, in this case, distortionary taxes may be more likely than lump-sum taxes to lead to the irrelevance of government deficits. Journal of Economic Literature Classification Numbers: D51, D91, E32. Keywords: Balanced Budget, Balanced-Budget Amendment, Burden of the Public Debt, Comparative Statics, Consumption Taxes, Credit Restrictions, Distortionary Taxes, Economic Policy, Government Budget Deficit, Maastricht Treaty, Optimal Taxation, Overlapping Generations.

The Economic Effects Of Budget Deficits And Government Spending

DOWNLOAD
Author : Robert J. Barro
language : en
Publisher:
Release Date : 1987

The Economic Effects Of Budget Deficits And Government Spending written by Robert J. Barro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.

State Government Budget Stabilization

DOWNLOAD
Author : Yilin Hou
language : en
Publisher: Springer
Release Date : 2015-02-08

State Government Budget Stabilization written by Yilin Hou and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-08 with Business & Economics categories.

This book is the first comprehensive, full-scale treatment of the law, politics and economics with regard to the policies and policy instruments for budget stabilization at the state level. Covering the period from 1946 through 2008 in the United States, it provides details on the methods and results of empirical tests of the effects of budget stabilization instruments on government operations, public service provision, and some other aspects of social and economic life. With the lingering effects of the most recent financial crisis and economic downturn, and the subsequent Tea Party movement advocating smaller government and deficit reduction, this book carries timely and important theoretical as well as practical implications, particularly in regard to the potential for counter-cyclical fiscal policy in mitigating negative impacts during a recession. The first contribution of the book is in public finance theory: it provides insights into the applications of the stabilization function in the context of strong government, thereby refining Keynesianism. The second aspect is in Public Choice: the creation and functioning of budget stabilization funds offer extra evidence to demonstrate that the general public provides input and voice in more than the conventional ways when it comes to policy making, even in an area dominated by strong government. The third aspect is in policy making, exploring the opportunities for refining policy tools in preparation for future downturns.

The Economic Effects Of Government Expenditures

DOWNLOAD
Author : Laurence J. Kotlikoff
language : en
Publisher:
Release Date : 1982

The Economic Effects Of Government Expenditures written by Laurence J. Kotlikoff and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Expenditures, Public categories.

This paper discusses conceptual problems of distinguishing "expenditure" policy from "tax" policy and "deficit" policy. The paper argues that each of these concepts is ill-defined and does not provide a useful basis for examining the government" underlying fiscal policies. The fundamentals of fiscal policy involve changes in marginal incentives, inframarginal intra- and intergenerational redistribution, and direct government consumption. The paper reviews some of the effects of these fundamental policy choices on economic growth.

Budget Deficits And Economic Activity In Asia

DOWNLOAD
Author : Kanhaya Gupta
language : en
Publisher: Routledge
Release Date : 2006-07-13

Budget Deficits And Economic Activity In Asia written by Kanhaya Gupta and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-13 with Business & Economics categories.

The growth and persistence of government budget deficits is causing increasing concern in both developed and developing countries. They have provoked extreme responses: some economists hold that they have devasting effects, others that they have no real impact at all. Budget Deficits and Economic Activity in Asia examines both of these claims in the context of the Asian economies. After testing for the feasibility of the current levels of budget deficits and therefore of the current fiscal policies, the author turns to a quantification of the effects on money supply, inflation, aggregate demand and interest rates. The findings for the ten countries studied are far from uniform, but neither of the extreme positions is vindicated. Budget deficits are monetized to a considerable extent, thus impairing or at least reducing the ability of the monetary authority to pursue an independent monetary policy. The widespread view that budget deficits are inflationary because they increase the money supply receives only partial support. The apparent effects on interest rates appear to be positive and as the processes of fiscal deregulation accelerate, interest rates seem set to become even more sensitive to the behaviour of budget deficits. Countries covered include India, South Korea, Thailand and Taiwan.

The Effects Of Government Expenditures And Revenues On The Economy And Economic Well Being

DOWNLOAD
Author : Thomas L. Hungerford
language : en
Publisher:
Release Date : 2006

The Effects Of Government Expenditures And Revenues On The Economy And Economic Well Being written by Thomas L. Hungerford and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Government spending policy categories.

"The FY2006 budget resolution (H. Con. Res. 95) required that mandatory spending be reduced by $35 billion and revenues be reduced by no more than $70 billion over the next five years. Congress passed and the President signed a reconciliation bill (P.L. 109-171) to reduce mandatory spending by $39 billion between FY2006 and FY2010. A revenue reduction reconciliation bill (H.R. 4297) has not been enacted as of the date of this report. Many argue that tax and spending reductions will stimulate economic growth, whereas many others argue that tax cuts will lead to a larger deficit with adverse economic effects and that spending cuts will reduce critical government services. This report examines the effects of government spending and taxation on economic growth and economic well-being by comparing the United States with 20 other industrial Organization for Economic Cooperation and Development (OECD) countries."--Page 2.

Budget Deficits And Debt

DOWNLOAD
Author : Siamack Shojai
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 1999-01-30

Budget Deficits And Debt written by Siamack Shojai and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-30 with Political Science categories.

This edited collection is a critical evaluation of the impact of fiscal imbalances on the economy of industrialized and developing countries as prepared by a diverse group of scholars involved in advanced research on public finance. Technical issues, economic consequences and the political economy of budget deficits and government debt are covered in one succinct volume. The work provides a balanced presentation of neo-classical views on measures of government deficits; the budget process and major budgetary legislation in the United States; and the impact of deficits on economic activity, exchange rates, inflation, financial markets, trade balance, and economic growth. It also examines the political economy of government budgets in the OECD, select developing economies, and South Africa. From the 1950s to the 1980s, economic activity and growth were affected by fiscal imbalances and excessive government activity in many countries. Although many actors have made retrenchment attempts, economic research has not resolved the conflicting arguments about the impact of fiscal imbalances on the global economy. This book provides a balanced presentation of all major issues related to the impact of fiscal activity on the economy.

The Economic Effects Of Government Spending

DOWNLOAD
Author : Matthew Hall
language : en
Publisher:
Release Date : 2018

The Economic Effects Of Government Spending written by Matthew Hall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.

Empirical estimates of the effects of fiscal policy tend to be relatively imprecisely estimated. We contend that this is largely due to inadequately controlling for the information set of agents. Given the large increases in government spending on the horizon in the U.S., it is imperative that we have more precisely estimated effects of fiscal policy on the economy than are currently available. In this paper, we present a methodology for using professional forecasts to estimate the effects of government spending shocks on the economy. We first show that professional forecasts are more accurate on average than standard VAR-based estimates. The main contribution of this paper is that we use longer horizon forecasts of output, consumption, investment, wages, and inflation to estimate their impulse response functions. This novel innovation allows us to control for anticipated information and dramatically increases the precision of the estimates of the effects of changes in government spending on the economy. The improvements are demonstrated relative to standard local projection techniques emphasized in the literature, as well as to a standard VAR and the expectations-augmented VAR.

Government Size And Economic Growth

DOWNLOAD
Author : Richard K. Vedder
language : en
Publisher:
Release Date : 1998

Government Size And Economic Growth written by Richard K. Vedder and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Economic development categories.