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Fiscal Policy in Real Time [PDF]
SSRN Electronic Journal, 2007 AbstractIn this paper, I estimate the ex ante or intentional cyclical stance of fiscal policy in OECD countries. I use the fiscal plans reported at the time of budgeting, together with other information available to fiscal policy‐makers in real time. Indeed, fiscal plans might be significantly different from ex post outcomes because governments do not ...
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The Journal of Finance, 1965
SINCE THE END of World War II, Federal fiscal policy has been regarded as one of the Government's primary tools for promoting high-level employment and economic growth. On a theoretical level, the economic impact of over-all fiscal policy, as well as of particular fiscal measures, has been explored under a wide variety of assumptions.
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SINCE THE END of World War II, Federal fiscal policy has been regarded as one of the Government's primary tools for promoting high-level employment and economic growth. On a theoretical level, the economic impact of over-all fiscal policy, as well as of particular fiscal measures, has been explored under a wide variety of assumptions.
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Fiscal Policy and Fiscal Reform
2015This chapter examines the role of fiscal policies and fiscal institutions. In the boom years, fiscal balances were, in underlying terms, much worse than the headline figures suggested, because fiscal revenues were flattered by unsustainably high domestic demand and incomes.
Adam Bennett +3 more
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2017
Fiscal policy is the object of numerous theoretical controversies, notably during the two most recent crises: the 2009 great recession and the 2011–12 euro-area crisis. In such framework, we propose to rethink the use of fiscal policy through three elements.
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Fiscal policy is the object of numerous theoretical controversies, notably during the two most recent crises: the 2009 great recession and the 2011–12 euro-area crisis. In such framework, we propose to rethink the use of fiscal policy through three elements.
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Philosophy, Economics and Law Review
The enterprise’s activity is formed taking into account exogenous processes, due to the single or multiplicative influence of a number of factors of different nature in terms of the nature of the impact, predictability, the model of the enterprise’s response, the consequences of the impact, the level of controllability.
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The enterprise’s activity is formed taking into account exogenous processes, due to the single or multiplicative influence of a number of factors of different nature in terms of the nature of the impact, predictability, the model of the enterprise’s response, the consequences of the impact, the level of controllability.
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Fiscal regimes and fiscal policies
2016Active and passive fiscal policies Fiscal policy has changed radically since the 1960s and 1970s when it tried to micro-manage, if not fine-tune, all aggregate demand and assumed an accommodating monetary policy; and it changed from the 1980s when it was passive, but was used to strengthen the economy's supply-side responses while monetary policies ...
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