Results 11 to 20 of about 2,487 (261)
The potential growth impact of fiscal consolidations
Purpose - This paper aims at analyzing the feasibility of fiscal consolidation implementation in the case of Indonesia. The main question to be investigated is whether fiscal consolidation will deteriorate economic growth or not. Methods -
Haryo Kuncoro
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Fiscal multipliers depend on several structural characteristics of each economy. In this study it is argued that labor income tax progressivity lowers the fiscal multipliers of fiscal consolidation programs.
Mariana Santos
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Fiscal consolidation in the EU-28: Multiyear versus cold-shower episodes [PDF]
In the aftermath of the global recession, the need for fiscal consolidation in order to reduce budget deficits and the public debt has intensified, but with the aim to make the measures applied not affect the further slowdown of the economic activity in ...
Olgica Glavaski, Emilija Beker Pucar
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The Confidence Effects of Fiscal Consolidations [PDF]
AbstractWe explore how fiscal consolidations affect private sector confidence, a possible channel for the transmission of fiscal policy that has received particular attention recently as a result of governments embarking on austerity trajectories in the aftermath of the crisis.
Beetsma, R. +3 more
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Fiscal Consolidation During a Depression [PDF]
In 2009-10, the UK's budget deficit was about 11 per cent of GDP. A credible plan for fiscal consolidation was introduced in the UK over the fiscal years 2011-12 to 2016-17. In this paper, we assess the impact of the scale and timing of this fiscal consolidation programme on output and unemployment in the UK.
Nitika Bagaria +2 more
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Fiscal Consolidation in an Open Economy [PDF]
his paper uses a New Keynesian DSGE model of a small open economy to compare how the effects of fiscal consolidation differ depending on whether monetary policy is constrained by currency union membership or by the zero lower bound on policy rates.
Christopher J. Erceg, Jesper Linde
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Fiscal consolidations and heterogeneous expectations [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Cars Hommes +2 more
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Fiscal Consolidation Start and its Determinants Analysis Within European Member Countries [PDF]
Purpose: The purpose of the research from the theoretical point of view is to define the "start of fiscal consolidation" and to clarify the effects of selected determinants on its initiation.
Lucia Mihóková
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Distributional Effects of Fiscal Consolidation [PDF]
If public goods and transfers are relatively more valuable to the poor, the elderly poor stand to lose from public debt reduction achieved through spending cuts. When long–term surpluses produced by debt reduction are recycled into higher provision of public goods and transfers, future generations of poor could gain.
Svend E. Hougaard Jensen +1 more
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Fiscal Consolidation: Part 2. Fiscal Multipliers and Fiscal Consolidations [PDF]
This paper looks at various aspects of fiscal consolidation in 18 OECD economies. The prospects for fiscal consolidation depend upon the problems the country may face with its debt stock, the political will to deal with these problems and on the costs of consolidation. The analysis is based on a series of simulations using the National Institute Global
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