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Japanese fiscal reform: fiscal reconstruction and fiscal policy [PDF]
This paper evaluates the recent movement of Japanese fiscal reform. We first summarize fiscal policy in 1990s. Then, we investigate several relevant topics of fiscal policy such as the macroeconomic impact of government debt and the sustainability problem.
Toshihiro Ihori +2 more
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The Economists' Voice, 2014
Abstract Monetary policy is altered once a month. Fiscal policy is altered once a year. As a potential improvement this article examines the use of feedback control rules for fiscal policy that is altered quarterly. Following the work of Blinder and Orszag, modifications are discussed in Congressional practice and institutions that would
Kendrick, D.A., Amman, H.M.
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Abstract Monetary policy is altered once a month. Fiscal policy is altered once a year. As a potential improvement this article examines the use of feedback control rules for fiscal policy that is altered quarterly. Following the work of Blinder and Orszag, modifications are discussed in Congressional practice and institutions that would
Kendrick, D.A., Amman, H.M.
openaire +2 more sources
Journal of Public Economics, 2002
Abstract This paper explores on a panel of 19 OECD countries the role of fragmentation in determining fiscal outcomes over the 1970–95 period. We first define the notion of fragmentation of fiscal policy-making as the degree to which the costs of a dollar of aggregate expenditure are internalized by individual decision-makers.
PEROTTI, Roberto, KONTOPOULOS, Y.
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Abstract This paper explores on a panel of 19 OECD countries the role of fragmentation in determining fiscal outcomes over the 1970–95 period. We first define the notion of fragmentation of fiscal policy-making as the degree to which the costs of a dollar of aggregate expenditure are internalized by individual decision-makers.
PEROTTI, Roberto, KONTOPOULOS, Y.
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Ultrasonics sonochemistry, 2018
Carbon nanotubes (CNTs) have attracted wide attention because of their unique structure and properties. However, the prepared CNTs often present agglomeration state, which destroys the excellent properties of single carbon nanotubes and seriously affects
Yanfeng Jiang, Haozhe Song, R. Xu
semanticscholar +1 more source
Carbon nanotubes (CNTs) have attracted wide attention because of their unique structure and properties. However, the prepared CNTs often present agglomeration state, which destroys the excellent properties of single carbon nanotubes and seriously affects
Yanfeng Jiang, Haozhe Song, R. Xu
semanticscholar +1 more source
The impact of fiscal decentralization on CO2 emissions in China
Energy, 2020This paper evaluates the impact of fiscal decentralization on CO2 emissions in China. We build an equation to combine fiscal decentralization and CO2 emissions and decompose it using the logarithmic mean Divisia index (LMDI) decomposition technique. Then,
Shulei Cheng +6 more
semanticscholar +1 more source
The Cyclicality of Fiscal Policies in the Cemac Region
Social Science Research Network, 2011This paper examines fiscal cyclicality in the CEMAC region during 1980-2008. The issue has attracted very little empirical interest but is important if fiscal policies are to play a role in mitigating external shocks that exacerbate economic cycles ...
G. K. Mpatswe +2 more
semanticscholar +1 more source
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.
openaire +3 more sources
Euro Area Fiscal Policies and the Crisis
Social Science Research Network, 20106
Mathias Trabandt +14 more
semanticscholar +1 more source
Environmental science and pollution research international, 2021
Ayoub Zeraibi +5 more
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Ayoub Zeraibi +5 more
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