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Central Bank Independence and its Impact on Fiscal Deficit: Evidence from India
Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 2023 The paper explores the relationship between Central bank independence (CBI) and fiscal deficit in India. Moreover, the study tries to assess the impact of CBI on the levels of fiscal deficit.
Ahmad Bhat Aijaz +3 more
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Relationship between fiscal deficits and unemployment in South Africa
Journal of Economic and Financial Sciences, 2022 Orientation: Heterodox economic scholarship has challenged the neoclassical doctrine that fiscal deficit increases unemployment in the long-term.
Juniours Marire
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Fertility, fiscal deficit and sustainability of public debt in an endogenous growth model
Economics and Business Review, 2023 This aim of this study is to construct a model which overlaps generations to clear the effects of fiscal deficit on fertility. The relationship between fiscal deficit and fertility is revealed and the mechanism of fiscal deficit and its effect in ...
Aso Hiroki, Ueshina Mitsuru
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A Reformist Thought to Fiscal Reform and Budget Management
Vikalpa, 2023 The Fiscal Reform and Budget Management (FRBM) Act 2003 (and its subsequent amendments) and similar fiscal responsibility laws were legislated to rein in fiscal deficits often driven by factors other than economic imperative.
Anshuman Kamila +2 more
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Fiscal dominance and exchange rate stability in Nigeria
Future Business Journal, 2021 This study investigates fiscal dominance and exchange rate stability in Nigeria. The period of investigation spanned 1981q1–2018q4, and the Structural Vector Autoregression (SVAR) technique was employed to test the fiscal dominance hypothesis and further
Taofeek Olusola Ayinde +1 more
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Policy mix in a small open emerging economy with commodity prices
Latin American Journal of Central Banking, 2023 The article analyzes the interaction between monetary and fiscal policy in Mexico. We calibrated a semi-structural model for a small open economy, based on Aguilar and Ramírez-Bulos (2018), for Mexico by using quarterly data from 2001Q1 to 2019Q4.
Marine C. André +3 more
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Fiscal Deficits and Current Account Deficits
IMF Working Papers, 2009 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Michael Kumhof, Douglas Laxton
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IMF Working Papers, 2003 Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has had limited success in uncovering this relationship. This paper reexamines the issue in light of broader data and a new modeling approach that incorporates two key features of the theory. Unlike previous studies, we model inflation as nonlinearly related to
Luis Catão, Marco Terrones
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Fiscal deficits, international trade and welfare [PDF]
Journal of International Economics, 1988 Abstract The effects of fiscal deficits on welfare, interest rates and the balance of payments are examined in an open-economy, overlapping-generations model. A deficit reduces welfare of the current old and the domestic unborn. The foreign unborn gain while the current foreign young may gain or lose.
Fried, Joel, Howitt, Peter
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TWO STEPS OF RICARDIAN EQUIVALENCE: AN EVIDENCE IN INDONESIA
Jurnal Akuntansi, Manajemen dan Ekonomi, 2019 Ricardian Equivalence was analyzed through the influence of deficit fiscal policy on consumption, the fiscal deficit policy of Soeharto regime and reform had a difference, the difference lied in the policy as outline in the government budgets preparation.
ADHITYA WARDHONO +3 more
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