Results 71 to 80 of about 49,442 (204)
Fiscal policy and economic activity: new causal evidence
Abstract Utilizing a quasi‐natural experiment design, we identify an exogenous cut in local taxes accompanied by an equivalent reduction in local government spending, and we estimate the impact of these exogenous changes on income. We exploit a unique regional dataset that combines local income data with local voting outcomes on current expense tax ...
David M. Brasington, Marios Zachariadis
wiley +1 more source
The Economic transmission of fiscal policy shocks from Western to Eastern Europe [PDF]
This paper studies the transmission of a foreign fiscal policy shock (assumed to be generated in Germany) to key macroeconomic variables in five Central and Eastern European economies (CEE-5).
Crespo Cuaresma, Jesús +2 more
core
Reconceptualizing Crisis: An Empirically Based Investigation
Crisis is predominantly characterized in terms of its detrimental consequences. Drawing on in‐depth semi‐structured interviews in Melbourne and Taipei, the article provides a critical and distinctive understanding of crisis. Crisis is conceptualized here as a disruptive prefiguring of new possibilities, both agentic and structural.
Xiaoying Qi
wiley +1 more source
ABSTRACT This study examines why Japan's social care reforms of the early 1970s led to a generous elderly care system but only modest and narrowly targeted support for children. Although child allowances and free medical care for the elderly were introduced almost simultaneously, they followed sharply divergent paths.
Ryotaro Takahashi
wiley +1 more source
Fiscal deficit in sub-saharan Africa: A new intuition from the institution and political drivers. [PDF]
Abanikanda EO, Dada JT, Ogunjumo RA.
europepmc +1 more source
Abstract This article presents the development and validation of the Neoliberal Ideological Beliefs Questionnaire (NLBQ), a novel measure designed to analyze neoliberal ideological beliefs specifically within the context of work and employment. The NLBQ is theoretically grounded in the distinction of three fundamental political neoliberal logics ...
Thomas Höge +2 more
wiley +1 more source
On Keynes's Theory of the Aggregate Price Level in the Treatise: Any Help for Modern Aggregate Analysis? [PDF]
The paper explores the theory of the aggregate price and profit in Keynes's Treatise for its implications for modern macroeconomic analysis. Here profits are defined in terms of aggregate investment and saving.
Max Gillman
core
Inflation dynamics: a cross-country investigation [PDF]
We document that "persistent and lagged" inflation (with respect to output) is a world-wide phenomenon in that these short-run inflation dynamics are highly synchronized across countries.
Peng-fei Wang, Yi Wen
core
News shocks, consumer confidence and business cycles
Abstract We study the causal effects of consumer sentiment shocks on macroeconomic aggregates. By constructing a novel instrument based on major non‐economic news shocks in the USA over 1969–2022, and opinion polls around these events, we identify exogenous changes in consumer confidence.
Syed M. Hussain, Zara Liaqat
wiley +1 more source
The Monetary Policy–Commodities Nexus: A Survey
ABSTRACT This survey synthesizes evidence on the bidirectional links between commodity markets and monetary policy. On the commodities‐to‐policy side, we review how shocks to energy, food, and metals pass through to inflation, inflation expectations, economic activity, and financial stability in state‐dependent ways that vary by shock type, exposure ...
Martin T. Bohl +2 more
wiley +1 more source

