Results 21 to 30 of about 796,882 (310)
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
doaj +1 more source
Expansionary Fiscal Shocks and the Trade Deficit [PDF]
International Finance Discussion Papers, 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
openaire +2 more sources
Assessing the short-and long-run relationships between fiscal deficit and economic growth in Morocco [PDF]
Public and Municipal FinanceType of the article: Research Article AbstractThis paper aims to investigate the short- and long-term relationships between fiscal deficit and economic growth in Morocco over the period 1985–2024.
Mohammed Hennach, Abdellah Echaoui
doaj +1 more source
Fiscal deficits and growth in developing countries [PDF]
Journal of Public Economics, 2005 This paper examines the relation between fiscal deficits and growth for a panel of 45 developing countries. Based on a consistent treatment of the government budget constraint, it finds evidence of a threshold effect at a level of the deficit around 1.5% of GDP.
Adam, C, Bevan, D
openaire +4 more sources
Inflation and Fiscal Deficits [PDF]
IMF Working Papers, 1992 The purpose of this paper is to present a model that circumvents the requirement of explicitly setting a period in which the fiscal budget is to be balanced, yet implies that increases in the growth of public debt are bound to increase inflation when there is no perceived commitment to reduce the fiscal deficit. The model is based on a modified version
openaire +2 more sources
The asymmetric effect of fiscal deficits on macroeconomic stability in Nigeria: evidence from nonlinear autoregressive distributed lag (NARDL) [PDF]
International Trade, Politics and DevelopmentPurpose – The paper examines the asymmetric effects of fiscal deficits on selected macroeconomic variables in Nigeria, which include economic growth, exchange rates and inflation. The existing works of literature are premised on symmetry assumptions with
Adebayo Adedokun +2 more
doaj +1 more source
What Lies Behind Fiscal Deficit: A Case of Pakistan
Transylvanian Review of Administrative Sciences, 2013 The article aims to investigate some of the important factors contributing to the fiscal deficit in Pakistan for the period of 1976 to 2010. International trade, economic growth, total debt servicing and broad money supply are considered as foremost ...
Rukhsana KALIM, Muhammad Shahid HASSAN
doaj +2 more sources
Economic, political and institutional determinants of fiscal deficit [PDF]
Zbornik Radova: Pravni Fakultet u Novom Sadu, 2017 This paper seeks basic economic and political causes of instability and rising fiscal deficit. Economic factors that may cause the appearance and increase in the fiscal deficit are: growth of current public spending, launching public investments, tax ...
Vuković Marija R.
doaj
Fiscal Rules and Effective Fiscal Policy
Comparative Economic Research, 2012 This article examines and assesses the influence of political factors on the effectiveness of pursuing fiscal policy. These factors usually cause and maintain a high budget deficit and public debt.
Joanna Działo
doaj +1 more source
THE IMPACT OF GEOPOLITICAL CRISES ON FISCAL AND BUDGETARY STABILITY [PDF]
Financial StudiesThis study explores the relationship between geopolitical risk and fiscal-budgetary stability of countries, focusing on how external instability impacts the dynamics of the budget deficit.
Maria-Teodora PAPAINOG
doaj +1 more source