Results 11 to 20 of about 396,226 (306)
The Mundell‑Fleming Model and Macroeconomic Stabilization Policies
This paper analyzes the fiscal policy implications set in the Mundell‑Fleming (M‑F) model and its effectiveness in emerging economies. It also widens the scope of the policy mix with alternative exchange rates.
Erico Wulf Betancourt, Ryszard Piasecki
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State-dependent effects of fiscal policy [PDF]
Abstract We investigate the effects of government spending on US output with a threshold structural vector autoregressive model. We consider Bayesian model comparison and generalized impulse response analysis to test for nonlinearities in the responses of output to government spending.
Fazzari, SM, Morley, J, Panovska, I
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Achievements and unfinished agenda of the fiscal equalization system in Croatia
Revenue sharing arrangements and the fiscal equalization system in Croatia have long been perceived as inadequate and ineffective. The reform of personal income tax sharing implemented in 2018 was accompanied by a new fiscal capacity equalization system.
Marko Primorac +2 more
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The study attempted to analyze and evaluate the performance of monetary and fiscal policy for the period 2000-2014 and its effectiveness in increasing economic growth using the descriptive analytical and econometrics approach. The study also attempted to
Prof. Dr. Mohammed Ahmed Al-Hawri
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Fiscal Reforms and the Fiscal Effects of Aid in Uganda [PDF]
A dynamic relationship between foreign aid and domestic fiscal variables in Uganda is analysed using a Cointegrated Vector Autoregressive model over the period 1972-2008. Results show that aid is a significant element of long-run fiscal equilibrium, is associated with increased tax effort and public spending, and reduced domestic borrowing.
Bwire, Thomas +2 more
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Covid-19 fiscal support and its effectiveness [PDF]
This paper uses a threshold-augmented Global VAR model to quantify the macroeconomic effects of countries' discretionary fiscal actions in response to the Covid-19 pandemic and its fallout. Our results are threefold: (1) fiscal policy is playing a key role in mitigating the effects of the pandemic; (2) all else equal, countries that implemented larger ...
Alexander Chudik +2 more
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Macroeconomic Effects of China’s Fiscal Stimulus [PDF]
This paper analyzes the macroeconomic impact of Chinas 2009-2010 fiscal stimulus package by simulating a dynamic general equilibrium multi-country model of the world economy, showing that the effects on Chinas economic activity are sizeable: absent fiscal stimulus Chinas GDP would be 2.6 and 0.6 percentage points lower in 2009 and 2010, respectively ...
Pietro Cova +2 more
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Fiscal performance in monetary unions: How much austerity should be allowed? [PDF]
The effectiveness of fiscal policy becomes particularly relevant in the case of the member countries of a monetary union facing a sovereign debt crisis.
Díaz-Roldán Carmen
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UNDERSTANDING MARKET REACTION TO COVID-19 MONETARY AND FISCAL STIMULUS IN MAJOR ASEAN COUNTRIES
In this paper, we examine the effect of fiscal and monetary policy stimulus actions during the COVID-19 pandemic on the stock markets of four ASEAN countries, namely, Indonesia, Singapore, Malaysia, and Thailand.
Syed Aun R. Rizvi +2 more
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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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