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The Return of Fiscal Policy and the Euro Area Fiscal Rule. [PDF]
The text describes the theoretical developments of the assignment rules regarding fiscal and monetary policies and the respective roles in macroeconomics stabilisation.
Constâncio V.
europepmc +3 more sources
"Reinventing Fiscal Policy" [PDF]
Recent developments in macroeconomic policy, in terms of both theory and practice, have elevated monetary policy while downgrading fiscal policy. Monetary policy has focused on the setting of interest rates as the key policy instrument, along with the ...
Malcolm Sawyer, Philip Arestis
core +7 more sources
Japan's Fiscal Policy and Fiscal Reconstruction [PDF]
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.
Atsushi Nakamoto, Toshihiro Ihori
core +4 more sources
Do economic inequalities impact demographic dividend: Evidence from India [PDF]
The paper offers a new explanation and prediction of empirical relationship between income and consumption inequalities and demographic dividend. The framework for the analysis is a modified National Transfer Accounts (NTA)-based modelling of the first ...
Muttur R. Narayana
doaj +3 more sources
Development of the Mechanism for Administration of Excise Tax on Tobacco Products [PDF]
The article is aimed at systematizing the foreign experience in the development of the mechanism for administration of excise tax on tobacco products, taking into account the institutional peculiarities of fiscal policy.
Pasichnyi Mykola D., Novytska Nadiia V.
doaj +1 more source
Measures against Forestalling in Tobacco Companies: European Experience and Conclusions for Ukraine [PDF]
Despite the effectiveness of excise policies to reduce the consumption of tobacco products, Ukraine, like most European countries, along with illegal traffic got the problem of optimizing the payment of excise tax on tobacco products in the form of ...
Korotun Volodymyr I.+2 more
doaj +1 more source
Study of fiscal decentralization, macroeconomic stability and regional growth in Indonesia
Indonesia has been implementing fiscal decentralization since 2001. In theory, fiscal decentralization affected macroeconomic stability and economic growth—this study using data panels at the provincial level from 2010 to 2013.
Joko Tri Haryanto, Rita Helbra Tenrini
doaj +1 more source
Unconventional Fiscal Policy [PDF]
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We provide preliminary evidence for the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland.
Daniel Hoang+3 more
openaire +6 more sources
COVID-19 and (gender) inequality in income: the impact of discretionary policy measures in Austria
This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques that enable specific labor market transitions to be modeled.
Michael Christl+3 more
doaj +1 more source