Results 1 to 10 of about 4,641,654 (303)
Abstract This paper investigates the macroeconomic effects of fiscal policy in a setting in which private agents receive noisy signals about future shocks to government expenditures. We show how to empirically identify the relative weight of news and noise shocks to government spending and compute the level of noise for Canada, the UK and the US.
Fève, Patrick, Pietrunti, Mario
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Fiscal Policy and Learning [PDF]
Using the standard real business cycle model with lump-sum taxes, we analyze the impact of fiscal policy when agents form expectations using adaptive learning rather than rational expectations (RE). The output multipliers for government purchases are significantly higher under learning, and fall within empirical bounds reported in the literature (in ...
Mitra, Kaushik +2 more
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Overcoming Severe Food Insecurity in Central Java Province of Indonesia Amidst Covid-19 Pandemic
To overcome the problem of the severe food insecurity in the Central Java Province of Indonesia amidst the Covid-19 outbreak, the Indonesian government provided staple foods assistance to them.
Yusuf Munandar
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Impacts of export tax of cocoa beans on Indonesian economy.
In recent years, there is a significant decline of cocoa beans in terms of exports value and share after 2010. Several studies claimed that this downward trend was caused by the introduction of an export tax on cocoa ...
Yuventus Effendi
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The article examines the essential determinants of decentralization and its main elements. Considerable attention is paid to scientific and theoretical aspects of the impact of fiscal decentralization on local economic development.
Andriy Krysovatyy +2 more
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This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. We combine the reduced-form model of the economy from a linear VAR with a non-linear welfare function and obtain analytic solutions for optimal policy.
Lukkezen, J., Teulings, C.
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Hysteresis and Fiscal Policy [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Philipp Engler, Juha Tervala
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MAPPING ECONOMY POTENCY AND REGIONAL INDEPENDENCY IN JAVA ISLAND DURING FISCAL DESENTRALIZATION ERA
New decentralization regim implemented since 1 January 2001. Decentralization try to increase the improvement of public services. Based on the statictic data, Java recorded a major contributor to national GDP growth with many challenge on poverty and ...
Joko Tri Haryanto
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Assessing the economic loss due to natural disasters from outer space
We propose an innovative approach to provide climate service by using the geographic distributions of natural disasters, assets exposed to disasters, and nighttime lights to estimate the potential benefit of climate-change adaptation through the economic
Yuan Cheng, Xuehui Han
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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 ...
D‘Acunto, Francesco +2 more
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