Results 51 to 60 of about 28,759 (246)

Forward Guidance without Common Knowledge

open access: yesThe American Economic Review, 2018
How does the economy respond to news about future policies or future fundamentals? Standard practice assumes that agents have common knowledge of such news and face no uncertainty about how others will respond.
G. Angeletos, C. Lian
semanticscholar   +1 more source

State Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations

open access: yesSocial Science Research Network, 2022
In a New Keynesian model with downward nominal wage rigidity (DNWR), we show that government spending is more effective in stimulating output in a low-inflation recession relative to a high-inflation recession. The government spending multiplier is large
Yoon J. Jo, Sarah Zubairy
semanticscholar   +1 more source

Pareto improving social security reform when financial markets are incomplete!? [PDF]

open access: yes, 2005
This paper studies an overlapping generations model with stochastic production and incomplete markets to assess whether the introduction of an unfunded social security system leads to a Pareto improvement.
Krueger, Dirk, Kubler, Felix
core   +5 more sources

Green fiscal reform for a just energy transition in Latin America

open access: yesEconomics: Journal Articles, 2019
Green fiscal reforms would contribute to climate change mitigation, increase the economic efficiency of national tax systems and provide additional public revenues.
Jakob Michael   +17 more
doaj   +1 more source

The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States: Reply to Jentsch and Lunsford

open access: yesThe American Economic Review, 2011
In this reply to a comment by Jentsch and Lunsford, we show that the evidence for economic and statistically significant macroeconomic effects of tax changes in Mertens and Ravn (2013) remains present for a range of asymptotically valid inference methods.
Karel Mertens, Morten Ravn
semanticscholar   +1 more source

Impact of fiscal institutions on public finances in the European Union: Review of evidence in the empirical literature

open access: yesReview of Economic Perspectives, 2021
This paper examines the impact of budgetary institutions on public finances in the European Union on the basis of a critical survey of the relevant theoretical and empirical literature. In general, the authors find that fiscal institutions (namely fiscal
Gorčák Martin, Šaroch Stanislav
doaj   +1 more source

Fiscal Policy and the Government Balance Sheet in China

open access: yesIMF Working Papers, 2023
In this paper, we present the most comprehensive estimates of China’s government balance sheet to date. Based on these estimates, we show how major shifts in fiscal policy over the last two decades have shaped the health of the public sector prior to the
Waikei Lam
semanticscholar   +1 more source

Monetary-fiscal policies interactions and optimal rules in Egypt [PDF]

open access: yesReview of Economics and Political Science, 2020
Purpose – This paper aims to estimate a New Keynesian small open economy dynamic stochastic general equilibrium (DSGE) model for Egypt using Bayesian techniques and data for the period FY2004/2005:Q1-FY2015/2016:Q4 to assess monetary and fiscal policy ...
Sherine Al-shawarby, Mai El Mossallamy
doaj   +1 more source

Facile synthesis of isoxazoles and pyrazoles from ß-diketohydrazones [PDF]

open access: yes, 2009
Indexación: ScieloNew 3,5-dimethyl-4-[(E)-4-(R1-phenyl)diazenyl]isoxazoles and 3,5-dimethyl-1-(R2-phenyl)-4-[(E)-(R1-phenyl)diazenyl]-1H-pyrazoles may be obtained by reaction of 3-[2-(R1-phenyl)hydrazono)]pentane-2,4-dione with H2NOH-HCl and R2-4-C6H4 ...
Bustos, Carlos   +4 more
core   +1 more source

The Activities of Customs and Tax Control Service in the Field of Gambling Market

open access: yesStudia Ekonomiczne i Regionalne, 2019
Gambling activity is a multifaceted phenomenon. Gambling is a special field of business. The government authorities ascribe the right to a monopoly of this area of economic activity. The randomness and financial size of gambling foster the development of
Lik Katarzyna
doaj   +1 more source

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