Results 41 to 46 of about 72,575 (46)

Effects of Income Distribution and Fiscal Policy on Growth in Turkey: A Kaleckian Analysis

The Review of Radical Political Economics
This study examines the effects of functional income distribution and fiscal policy on growth in Turkey. A post-Kaleckian open economy model is used to analyze the Turkish economy by integrating fiscal policy tools into the econometric model, such as tax
Eda Yilmaz, Serdal Bahçe
semanticscholar   +1 more source

When Money Dies: The Dynamics of Speculative Hyperinflations

The American Economic Review
How quickly does a fiat money become valueless? I study the speculative hyperinflation equilibria of continuous-time economies with decentralized markets where money is essential.
G. Rocheteau
semanticscholar   +1 more source

Estimating the shadow economy at the provincial level in Indonesia: A MIMIC model approach

JURNAL EKONOMIKA INDONESIA
The shadow economy encompasses economic activities that are not recorded in the Gross Domestic Product (GDP), resulting in reporting bias and diminished state revenue.
Raif Maulana Lukman, Fitri Kartiasih
semanticscholar   +1 more source

Corporate Minimum Tax and the Elasticity of Taxable Income: Evidence from Administrative Tax Records

American Economic Journal: Economic Policy
We examine business responses to a minimum tax (MT) that prescribed fixed floors on corporate tax liability while permitting MT credit carryforwards.
Jaroslav Bukovina, Tomáš Lichard, Ján Palguta, Branislav Žúdel   +3 more
semanticscholar   +1 more source

Fiscal Policy and Credit Supply in a Crisis

The American Economic Review
We measure how cuts to public procurement propagate through the banking system in a financial crisis. During the European sovereign debt crisis, the Portuguese government cut procurement spending by 4.3 percent of GDP. We find that this cut saddled banks
Diana Bonfim, Miguel A. Ferreira, Francisco Queiró, Sujiao (Emma) Zhao   +3 more
semanticscholar   +1 more source

Liquidity, Monetary Policy, and the Financial Crisis: A New Monetarist Approach

, 2012
A model of public and private liquidity integrates financial intermediation theory with a New Monetarist monetary framework. Non-passive fiscal policy and costs of operating a currency system imply that an optimal policy deviates from the Friedman rule ...
Stephen D. Williamson
semanticscholar   +1 more source