Results 31 to 40 of about 883,995 (310)
The Fiscal Cost of Public Debt and Government Spending Shocks [PDF]
arXiv, 2023 This paper investigates how the cost of public debt shapes fiscal policy and its effect on the economy. Using U.S. historical data, I show that when servicing the debt creates a fiscal burden, the government responds to spending shocks by limiting debt issuance.
arxiv
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
openaire +3 more sources
The macroeconomic effects of fiscal policy [PDF]
Applied Economics, 2008 We investigate the macroeconomic effects of fiscal policy using a Bayesian Structural Vector Autoregression approach. We identify fiscal policy shocks via a partial identification scheme, but also: (i) include the feedback from government debt (ii); look at the impact on the composition of output; (iii) assess the effects on asset markets (iv) use ...
António Afonso, Ricardo M. Sousa
openaire +12 more sources
Harmonizing the Classification of Alcohol and Alcoholic Beverages in the Context of Implementing the Provisions of the EU-Ukraine Association Agreement [PDF]
Bìznes Inform, 2018 The article is concerned with comparative analysis of the compliance of the Ukrainian practice of taxation of excise duty of alcohol and alcoholic beverages with the mandatory requirements of Directive 92/83 / EEC On the Harmonization of The Structures ...
Korotun Volodimir I. +2 more
doaj
MAPPING ECONOMY POTENCY AND REGIONAL INDEPENDENCY IN JAVA ISLAND DURING FISCAL DESENTRALIZATION ERA
Journal of Indonesian Applied Economics, 2018 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
doaj +1 more source
Fiscal Rules and Effective Fiscal Policy [PDF]
, 2012 This article examines and assesses the influence of political factors on the effectiveness of pursuing fiscal policy. These factors usually cause and maintain a high budget deficit and public debt.
Działo, Joanna
core +2 more sources
Fiscal Rules and Fiscal Performance in the EU and Japan [PDF]
, 2006 Fiscal rules specify quantitative targets for key budgetary aggregates. In this paper, we review the experience with such rules in Japan and in the EU. Comparing the performance of fiscal policy in the 1980s and 1990s until 2003, we find that the fiscal ...
Hagen, Jürgen von
core +2 more sources
Some Issues In Securitization And Disintermediation [PDF]
Applied Mathematics & Computation, 186(2): 1031-1039 (2007), 2020 Securitization has become prevalent in many countries, and has substantial impact on government monetary policy and fiscal policy which have not yet been adequately analyzed in the existing literature. This article develops optimal conditions for efficient securitization, identifies constraints on securitization, and analyzes the interactions of ...
arxiv +1 more source
International Tax and Public Finance, 2018 While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and moved into fiscal territory. This text describes and summarizes the crucial role played by the ECB in the intervention spiral resulting from its bid to manage the crisis.
openaire +3 more sources
On the Effectiveness of Monetary Policy and of Fiscal Policy [PDF]
Review of Social Economy, 2003 There has been a major shift within macroeconomic policy over the past two decades or so in terms of the relative importancegiven in both policy and theoretical terms to monetary policy and to fiscal policy with the former gaining considerably inimportance, and the latter being rarely mentioned.
Philip Arestis, Malcolm Sawyer
openaire +5 more sources