Results 221 to 230 of about 30,160 (260)
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Paths to stability for college admissions with budget constraints
International Journal of Game Theory, 2016zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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From Economic Stabilization to Budget Stabilization
2012This 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
2008An 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. +1 more
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Budget Stabilization Fund in Interaction with Balanced Budget Requirements
2012In 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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Budget Deficits, Stability, and the Monetary Dynamics of Hyperinflation
Journal of Money, Credit and Banking, 1989Hyperinflationary 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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Balancing the Budget: Equilibria and Stability
2001In 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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Prospects for Budget Stabilization by Subnational Governments
2012This chapter concludes the book as a nonconclusion. It first briefly summarizes the key points of the whole book, then reviews the performance of countercyclical savings in the Great Recession, thereby touches upon a few issues indirectly related to budget stabilization at the subnational level that this book has not discussed.
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Local Government Budget Stabilization: An Introduction
2015This 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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Subnational Government Tools for Budget Stabilization
2012The 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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