Results 21 to 30 of about 1,770,527 (170)
Journal of Comparative Economics, 2023 La pandémie de Covid-19 a provoqué à la fois une baisse des recettes fiscales et une augmentation des dépenses publiques, obligeant les gouvernements à augmenter les déficits budgétaires à des niveaux sans précédent. Dans ces circonstances, il est prévisible que les règles budgétaires joueront un rôle prédominant dans la conception des politiques de ...
Luis Carranza-Ugarte +2 more
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, 2023 From the perspective of fiscal sociology, the tax system and the modalities of public spending are two fundamental dimensions of modern states. Three major areas of this multidisciplinary approach are addressed in this chapter. First, we look at the link between the legitimacy of the state and its capacity to collect money in the name of the general ...
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Does Fiscal Decentralization Promote Fiscal Discipline? [PDF]
Emerging Markets Finance and Trade, 2015 ABSTRACTWe investigate the efficiency and equity implications of a redistributive rule that takes into account both local tax collection efforts and deviation of local incomes from respective targets under alternative fiscal mechanisms. We show that, if the general budget constraint is binding, the proposed transfer rule leads to higher fiscal ...
Akin Z., Bulut-Cevik Z.B., Neyapti B.
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Monetary-Fiscal Policy Interactions and Fiscal Stimulus [PDF]
SSRN Electronic Journal, 2009 Increases in government spending trigger substitution effects — both inter- and intra-temporal — and a wealth effect. The ultimate impacts on the economy hinge on current and expected monetary and fiscal policy behavior. Studies that impose active monetary policy and passive fiscal policy typically find that government consumption crowds out private ...
Davig, Troy, Leeper, Eric M.
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Reinventing Fiscal Policy [PDF]
SSRN Electronic Journal, 2003 Recent developments in macroeconomic policy, in terms of both theory and practice, have elevated monetary policy while downgrading fiscal policy. Monetary policy has focused on the setting of interest rates as the key policy instrument, along with the adoption of inflation targets and the use of monetary policy to target inflation.
Philip Arestis, Malcolm Sawyer
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Fiscal Rules, Fiscal Institutions, and Fiscal Performance [PDF]
Economic and Social Review, 2002 This paper was delivered as the inaugural F. Y. Edgeworth Lecture at the Sixteenth Annual Conference of the Irish Economic Association Public spending is a story of some people spending other people?s money. In modern democracies, voters elect politicians to make decisions about public spending for them, and they provide the funds by paying taxes.
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The ECB is running out of policy space: Can fiscal policy help? CEPS Policy Insights No 2019-17/December 2019 [PDF]
, 2019 Given persistently low inflation, sluggish growth and global uncertainties, the ECB needs to provide even more monetary stimulus. However, with interest rates already negative and strong opposition to further asset purchases (Financial Times, 13 ...
Capolongo, Angela, Gros, Daniel.
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India's Intergovernmental Transfer System and the Fiscal Condition of the States [PDF]
, 2006 India's fiscal deficit and steep deterioration in state finances is a source of concern. The literature abounds with references to the combined fiscal deficit of the center and the states currently at over 10 per cent of GDP.
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, 2006 The object of this paper is to provide a general overview of that area of intellectual activity characterized by the application of so-called “constitutional economics” to fiscal phenomena. We call this area “fiscal constitutionalism”. In modern times, it has been associated most notably with the work of James Buchanan and those operating in his ...
Geoffrey Brennan, EUSEPI, Giuseppe
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The Fiscal Stimulus of 2009-10: Trade Openness, Fiscal Space and Exchange Rate Adjustment [PDF]
, 2011 This paper studies the cross-country variation of the fiscal stimulus and the exchange rate adjustment propagated by the global crisis of 2008-9, indentifying the role of economic structure in accounting for the heterogeneity of response.
Aizenman, Joshua, Jinjarak, Yothin
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