Expansionary Fiscal Contraction
DOWNLOAD
Download Expansionary Fiscal Contraction PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Expansionary Fiscal Contraction 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
Expansionary Austerity New International Evidence
DOWNLOAD
Author : Mr.Daniel Leigh
language : en
Publisher: International Monetary Fund
Release Date : 2011-07-01
Expansionary Austerity New International Evidence written by Mr.Daniel Leigh 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 2011-07-01 with Business & Economics categories.
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Expansionary Fiscal Contraction
DOWNLOAD
Author : Anthony Hotson
language : en
Publisher:
Release Date : 2014
Expansionary Fiscal Contraction written by Anthony Hotson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Budget categories.
This unique collection recasts a critical episode in post-war British economic history with profound implications for today''s policy makers.
Trimming The Sails
DOWNLOAD
Author : Istv n Bencz‚s
language : en
Publisher: Central European University Press
Release Date : 2008-01-01
Trimming The Sails written by Istv n Bencz‚s and has been published by Central European University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-01 with Business & Economics categories.
Fiscal consolidation has significant short-term costs which can dampen economic growth. This widely shared consensus in the literature on political economy has made fiscal adjustment highly unpopular among rational politicians. By critically analyzing the international literature and building on evidence from European countries, Benczes conducts a systematic analysis to find out whether it is possible to experience fiscal consolidation and economic growth at the same time, even in the short run.
The German View Fiscal Consolidation And Consumption Booms
DOWNLOAD
Author : U. Michael Bergman
language : en
Publisher:
Release Date : 1996
The German View Fiscal Consolidation And Consumption Booms written by U. Michael Bergman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Consumption (Economics) categories.
Growth Governance And Fiscal Policy Transmission Channels In Low Income Countries
DOWNLOAD
Author : Naoko C. Kojo
language : en
Publisher: International Monetary Fund
Release Date : 2003-12-01
Growth Governance And Fiscal Policy Transmission Channels In Low Income Countries written by Naoko C. Kojo 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 2003-12-01 with Business & Economics categories.
Private investment is the principal transmission channel through which fiscal policy affects growth in high-income countries. In low-income countries, governance and also other considerations suggest that the primary channel is factor productivity. Empirical results reported in this paper confirm this expectation: in low-income countries, factor productivity is some four times more effective than investment as a channel for increasing growth through fiscal policy. Although the private investment response to fiscal contraction may be minor, high-deficit, low-income countries can nonetheless benefit from a reduction in unsustainable fiscal deficits because of governance-related factor productivity responses that increase growth.
The Effectiveness Of Fiscal Policy In Stimulating Economic Activity
DOWNLOAD
Author : Richard Hemming
language : en
Publisher: International Monetary Fund
Release Date : 2002-12
The Effectiveness Of Fiscal Policy In Stimulating Economic Activity written by Richard Hemming 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 2002-12 with Business & Economics categories.
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
Fiscal Adjustment In Transition Countries
DOWNLOAD
Author : MissCatriona Purfield
language : en
Publisher: International Monetary Fund
Release Date : 2003-02-01
Fiscal Adjustment In Transition Countries written by MissCatriona Purfield 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 2003-02-01 with Business & Economics categories.
In the 1990s, transition countries underwent large adjustments to address fiscal imbalances. This paper examines whether the factors identified in the literature on advanced economies, the size and composition of adjustment, are important in transition economies. It finds that larger consolidations were more successful in addressing fiscal imbalances on a durable basis. Policies focusing on expenditure reductions were more successful than those relying on revenue increases. There is little evidence of expansionary fiscal contractions, but fiscal contractions did not have a significantly negative impact on growth either. Few fiscal stimuli succeeded in boosting growth.
Fiscal Policy And Economic Activity During Recessions In Advanced Economies
DOWNLOAD
Author : Richard Hemming
language : en
Publisher: International Monetary Fund
Release Date : 2002-05
Fiscal Policy And Economic Activity During Recessions In Advanced Economies written by Richard Hemming 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 2002-05 with Business & Economics categories.
Using data for advanced economies, this paper investigates whether factors identified in the theoretical and empirical literature explain the effectiveness of fiscal policy in responding to recessions. The results are informative about the fiscal response to recessions but provide only a partial explanation of the impact of fiscal policy on economic activity. Overall, it would appear that fiscal multipliers are very small.
Fiscal Adjustment In Transition Countries
DOWNLOAD
Author : Catriona Purfield
language : en
Publisher:
Release Date : 2007
Fiscal Adjustment In Transition Countries written by Catriona Purfield 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.
In the 1990s, transition countries underwent large adjustments to address fiscal imbalances. This paper examines whether the factors identified in the literature on advanced economies, the size and composition of adjustment, are important in transition economies. It finds that larger consolidations were more successful in addressing fiscal imbalances on a durable basis. Policies focusing on expenditure reductions were more successful than those relying on revenue increases. There is little evidence of expansionary fiscal contractions, but fiscal contractions did not have a significantly negative impact on growth either. Few fiscal stimuli succeeded in boosting growth.
How To Estimate The Local Regional And National Markets For Employer Paid Tuition
DOWNLOAD
Author : James Moses
language : en
Publisher: Primary Research Group Inc
Release Date : 1998
How To Estimate The Local Regional And National Markets For Employer Paid Tuition written by James Moses and has been published by Primary Research Group Inc this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
The Survey of Economists: Prospects for European Economic Recovery, presents the results of a survey of more than 100 economists from leading institutions who comment on a wide range of issues affecting Europe's recovery from the worst economic slump since the 1930's. Data is presented in the aggretage and then separately broken out by the political conviction, geographic origin and professional status of the participants. Coverage includes fiscal policy advice for the major European states, views of the accuracy of EEC Commission economic forecasts, approaches to resolving the Euro-area banking crisis and the long term economic impact of this crisis, wisdom of the European Central Bank's asset purcchasing policies, sources of demand for future growth, likely exchange rate developments and many other issues affecting Europe's economic recovery.