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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 ...
Giovanni Di Bartolomeo +2 more
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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.
Max Watson +3 more
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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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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