Results 41 to 50 of about 878,836 (360)
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
doaj +1 more source
Fiscal Rules and Fiscal Performance in the EU and Japan [PDF]
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]
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
Fiscal Rules and Effective Fiscal Policy [PDF]
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
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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]
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
The fiscal implications of stringent climate policy [PDF]
Stringent climate policy compatible with the targets of the 2015 Paris Agreement would pose a substantial fiscal challenge. Reducing carbon dioxide emissions by 95% or more by 2050 would raise 7% (1-17%) of GDP in carbon tax revenue, half of current, global tax revenue. Revenues are relatively larger in poorer regions.
arxiv
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
doaj +1 more source
Credibility of fiscal policies and independent fiscal bodies [PDF]
In this paper we address the problem of credibility in fiscal policy. In many instances fiscal policy as conducted by governments is not perceived as credible.
Naert, Frank
core +1 more source
Fiscal policy and entrepreneurship [PDF]
Abstract This paper reexamines the effect of expansionary fiscal policy on real GDP in the presence of entrepreneurship when government expenditure partially crowds out private consumption. As government expenditure cannot reflect changes in consumers’ tastes, expansionary fiscal policy weakens the social role of firms’ activities to predict and ...
openaire +4 more sources