Results 11 to 20 of about 5,555 (263)
On Deficits and Symmetries in a Fiscal Capacity [PDF]
SSRN Electronic Journal, 2015 There is a growing debate about complementing the European Monetary Union by a more comprehensive fiscal union. Against this background, this paper emphasizes that there is a trade-off in designing a system of fiscal transfers ("fiscal capacity") in a union between members of different size.
Hebous, Shafik, Weichenrieder, Alfons J.
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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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DEVOLUTION, INDEPENDENCE AND WALES’ FISCAL DEFICIT [PDF]
National Institute Economic Review, 2022 AbstractDebate around Wales’ place in the United Kingdom has intensified over recent years, with radically differing visions for the union of the Welsh and UK governments emerging alongside growing (though still minority) support for Welsh independence.
Ifan, Guto, Sion, Cian, Wincott, Daniel
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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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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 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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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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Expansionary Fiscal Shocks and the Trade Deficit [PDF]
SSRN Electronic Journal, 2005 In this paper, we use an open economy DGE model (SIGMA) to assess the quantitative effects of fiscal shocks on the trade balance in the United States. We examine the effects of two alternative fiscal shocks: a rise in government consumption, and a reduction in the labor income tax rate.
Christopher J. Erceg +2 more
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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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