Results 21 to 30 of about 22,432 (259)
Fiscal Reforms and the Fiscal Effects of Aid in Uganda [PDF]
The Journal of Development Studies, 2017 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.
Lloyd, Tim, Morrissey, O., Bwire, T.
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The Effects of Fiscal Policy at the Effective Lower Bound [PDF]
SSRN Electronic Journal, 2017 We estimate the effects of government spending shocks during prolonged episodes of low interest rates, which we consider as proxy for the effective lower bound (ELB). Using a panel VAR model for 17 advanced countries, we find that both the government consumption and investment multipliers are significantly higher, and exceed unity, when interest rates ...
Bonam, D. +2 more
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The role of automatic stabilizers in business cycle: the case of indonesia
European Journal of Government and Economics, 2021 TThe use of large fiscal stimulus packages to dampen the impact of Covid-19 recently has raised concerns about the effectiveness of the discretionary fiscal policy.
Haryo Kuncoro
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On the (In)effectiveness of Fiscal Devaluations in a Monetary Union [PDF]
Finance and Economics Discussion Series, 2012 This paper explores the fiscal devaluation hypothesis in a model of a monetary union characterised by national fiscal policies and supranational monetary policy. We show that a unilateral tax shift towards indirect taxes in one of the countries produces small but non-negligible long run effects on output and consumption within and between the two ...
Anna Lipinska, Leopold von Thadden
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On the Effectiveness of Monetary Policy and of Fiscal Policy [PDF]
Review of Social Economy, 2003 There has been a major shift within macroeconomic policy over the past two decades or so in terms of the relative importancegiven in both policy and theoretical terms to monetary policy and to fiscal policy with the former gaining considerably inimportance, and the latter being rarely mentioned.
Philip Arestis, Malcolm Sawyer
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State-dependent effects of fiscal policy [PDF]
Studies in Nonlinear Dynamics & Econometrics, 2012 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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Journal of Economic Structures, 2023 The relative effectiveness of fiscal and monetary policies in promoting economic growth is not sufficiently examined at the empirical level for developing countries, including Egypt in particular.
Israa A. El Husseiny
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Reconsidering the fiscal effects of constitutions [PDF]
European Journal of Political Economy, 2012 This paper reconsiders Persson and Tabellini's (2003, 2004) analysis of the causal effect of constitution type on government size. It addresses the concerns of Acemoglu (2005) and makes some measurement and methodological refinements to the identification strategy to argue there is a qualitatively large and statistically significant relationship ...
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Regime Specific Fiscal Effects and the Conditional Role of Institutions: The Case of Mexico
Hitit Sosyal Bilimler DergisiInstitutional quality is a critical element in explaining the inflationary effects of fiscal deficits. Countries with strong institutions can limit the inflationary effects of fiscal deficits by implementing fiscal discipline more effectively.
Seher Gökpınar, Taha Bahadır Saraç
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Is EU Fiscal Governance Effective? A Case Study for the Period 1999–2019
Economies, 2022 This paper examines the factors that influence the effectiveness of fiscal governance in the EU through a panel of 19 Eurozone countries for the period 1999–2019 using an OLS method. The results show the positive effects of economic growth, inflation and
Panagiotis Liargovas, Vasilis Pilichos
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