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Does carbon mitigation depend on green fiscal policy or green investment?
Environmental Research Letters, 2023 Does carbon mitigation depend on the force of government or the autonomy of enterprises? We should first distinguish the roles of green fiscal policy and corporate green investment to test whether they can independently guide enterprises to reduce carbon
Yufeng Hu +4 more
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Elections, Fiscal Policy and Fiscal Illusion [PDF]
SSRN Electronic Journal, 2010 This paper tests the joint hypotheses that policymakers engage in fiscal policy opportunism and that voters respond by rewarding that opportunism with higher vote margins. Furthermore, it investigates the impact of fiscal illusion on the previous two dimensions.
Paulo Reis Mourão +1 more
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Interactions between fiscal and monetary policies: a brief history of a long relationship
Public Sector Economics, 2021 This paper compares and contrasts interactions between monetary and fiscal policies in major economies following the recent pandemic recession with selected episodes from the past, notably the Great Inflation of the 1970s, the Great Moderation of the ...
Dubravko Mihaljek
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Fiscal Stabilisation Policy and Fiscal Institutions [PDF]
SSRN Electronic Journal, 2006 In this paper we analyse counter-cyclical fiscal policy within the context of a microfounded analysis of business-cycle stabilization. We show that tax and spending instruments can have a useful counter-cyclical role, even after allowing for the distortionary nature of the instruments and the need for debt sustainability.
Campbell Leith, Simon Wren-lewis
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Japan's fiscal policy and fiscal reconstruction [PDF]
International Economics and Economic Policy, 2005 This paper investigates the macroeconomic effects of fiscal policy and the fiscal reconstruction movement in Japan. We first summarize Japan's fiscal policy in recent years and discuss advantages and disadvantages of government deficits. Next, we investigate the macroeconomic effects of Japanese fiscal policy and evaluate the plausibility of non ...
Toshihiro Ihori, Atsushi Nakamoto
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Monetary-Fiscal Policy Interactions and Fiscal Stimulus [PDF]
SSRN Electronic Journal, 2009 Increases in government spending trigger substitution effects — both inter- and intra-temporal — and a wealth effect. The ultimate impacts on the economy hinge on current and expected monetary and fiscal policy behavior. Studies that impose active monetary policy and passive fiscal policy typically find that government consumption crowds out private ...
Davig, Troy, Leeper, Eric M.
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Fiscal Rules, Fiscal Space and Procyclical Fiscal Policy [PDF]
SSRN Electronic Journal, 2015 In this paper we analyse the interaction of fiscal rules and fiscal space. We find strong evidence for fiscal rules being associated with higher fiscal space. Furthermore, the analysis shows that countries with more fiscal space tend to have higher discretionary expenditures, but that this effect is significantly reduced if fiscal rules are in place. A
Nerlich, Carolin, Reuter, Wolf Heinrich
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How to cushion economic recession caused by the COVID-19 pandemic: Fiscal or monetary policies?
Frontiers in Public Health, 2022 The outbreak of the COVID-19 pandemic has brought the global economy to a crisis: how to choose the optimal policy tools to cope with the external impacts has attracted worldwide attention.
Ya Wu, Yu Luo
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Fiscal policies in the euro area: Revisiting the size of spillovers
Journal of macroeconomics, 2019 The issue of the size of fiscal spillovers in the euro area has gained prominence recently, given proposals to coordinate fiscal policies that aim at achieving an appropriate “aggregate fiscal stance”, consistent with economic and monetary policy ...
Mario Alloza +2 more
semanticscholar +1 more source
HETEROGENEITY OF FISCAL POLICIES [PDF]
Annals of the University of Oradea: Economic Science, 2020 Understanding the functionality of fiscal policies, as well as its fundamental role in economic balancing, these are important aspects in terms of protecting and developing the business environment with obvious effects on social life.
VODĂ Alina Daniela +2 more
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