Results 41 to 47 of about 81,894 (47)
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Micro Risks and (Robust) Pareto-Improving Policies
The American Economic ReviewWe provide conditions for the feasibility of robust Pareto-improving (RPI) policies when markets are incomplete and the interest rate is below the growth rate.
Mark Aguiar, M. Amador, C. Arellano
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Ability of States to Implement Planned Budget in India: An Assessment Using PEFA Framework
The Indian Economic JournalA credible budget complies with budget contracts voted in Parliament and improves the efficiency of government expenditure. Deviations, as a result of weak capacity to forecast revenue or execute the planned activities, pose risks to both existing and ...
P. Jena
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Sticky Spending, Sequestration, and Government Debt
The American Economic ReviewOnce established, government spending programs tend to continue. A commonly held view is that spending inertia leads to unsustainable debt, ultimately requiring fiscal adjustments such as “sequestration.” We show that by insuring against political ...
F. Piguillem, Alessandro Riboni
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Consumption tax cuts vs stimulus payments
Journal of Public EconomicsRecent work shows that across a broad range of macroeconomic models with non-Ricardian consumer behavior, uniform transfer payments are macro-equivalent to interest rate cuts. That is, policymakers can use stimulus payments to substitute for conventional
M. Bartal, Yvan Becard
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Synchronisation of Fiscal and Monetary Policies in India—Some Issues
The Indian Economic JournalFiscal and monetary policies are pursued independently to achieve their respective assigned goals, though broad synchronisation of the two is essential for overall consistency and efficiency.
Ravindra H. Dholakia
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Taxation and Economic Growth in Benin: Does the Rate “eat” the Base?
Advances in Management and Applied EconomicsIn developing countries where resources are limited and population needs are immense, taxation becomes one of the State's key economic policy instruments. Benin, a small developing economy open to the world, is no exception.
Emile Aifa
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