Results 121 to 130 of about 28,000 (168)

From Economic Stabilization to Budget Stabilization

2012
This chapter starts with an introduction to the concept of the economic cycle and how Mankind has been coping with economic fluctuations; then it traces the evolution of the stabilization function of government: How this function was started and theorized as a necessary addition to the allocation and distribution functions and why fiscal policy is ...
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Automatic Stabilisers and Budget Rules

2008
An important issue in relation to fiscal policy is to strike a balance between “stabilisation” and “sustainability”. The aim of this paper is to discuss what we consider to be the consensus view on fiscal policy design which seems to have emerged in recent years. This view has two pillars.
Andersen, Torben M., Jensen, Svend Erik Hougaard   +1 more
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Serbia’s 2024 budget will pursue fiscal stability

Emerald Expert Briefings, 2023
Headline SERBIA: 2024 budget will pursue fiscal stability
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Budget Stabilization Fund in Interaction with Balanced Budget Requirements

2012
In this chapter, I examine how the budget stabilization fund (BSF) interacts with balanced budget requirements (BBR); that is, in what way and to what extent the saving behavior of state governments is affected by the adoption of the stabilization fund in a BBR environment. While BBR are a long-standing institution, BSF is new.
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Local Government Budget Stabilization: An Introduction

2015
This chapter is the general introduction and overview of the volume. The first section provides the motivation and rationales for this volume. The second section discusses some major issues and considerations of a tentative framework for empirical analyses of government budget stabilization at the local level.
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Budget boost offers stability to US science

Physics World, 2011
US President Barack Obama has signed into law the COMPETES Re-authorization Act that will provide an additional $43bn for science, technology and education during the next three years and help to commercialize emerging technologies.
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Local Government Debt Management and Budget Stabilization

2015
Debt can be friend or foe when it comes to budget stabilization. While short-term debt may be used to bridge temporary cash shortfalls that arise from incongruent timing of revenue receipts and expenditure payments, most state and local governments have balanced budget requirements that restrict the use of short-term debt for current (or operating ...
Dwight V. Denison, Zihe Guo
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Subnational Government Tools for Budget Stabilization

2012
The two major policy tools for budget stabilization at the subnational level are general fund surplus (GFS) and budget stabilization funds (BSF); this chapter elaborates on these two tools with regard to their definitions, working mechanisms, data sources, and changing patterns over their evolution in the past half century.
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Balancing the Budget: Equilibria and Stability

2001
In this chapter we analyze the evolution of the economic system when government fiscal policy pursues budget balance. In particular we look for equilibrium points when balancing is obtained either by consumption taxes or through profit taxes or through both of them.
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Budget Deficits, Stability, and the Monetary Dynamics of Hyperinflation

Journal of Money, Credit and Banking, 1989
Hyperinflationary processes usually occur in countries with extremely large budget deficits. In models of inflationary finance with rational expectations (e.g., Buiter [1987]), large budget deficits cannot lead to hyperinflation. The purpose of this paper is to reconcile the standard theoretical model with the stylized facts.
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