Results 161 to 170 of about 1,860 (237)

Rent-seeking distortions and fiscal procyclicality

open access: yes
Recent research has demonstrated that while government expenditures are countercyclical in most industrialized countries, they tend to be procyclical in developing countries. We develop a dynamic political-economy model to explain this phenomenon. In the
Ilzetzki, Ethan
core  

Fiscal stimulus packages to COVID-19: The role of informality. [PDF]

open access: yesJ Int Dev, 2022
Elgin C   +3 more
europepmc   +1 more source

Macroprudential policy instruments and procyclicality of loan-loss provisions – cross-country evidence

open access: yes, 2016
We analyze the effectiveness of various macroprudential policy instruments in reducing the procyclicality of loan-loss provisions (LLPs) using individual bank information from over 65 countries and applying the two-step GMM Blundell-Bond (1998) approach ...
Roszkowska, Sylwia   +2 more
core  

Procyclicality or Reverse Causality?

open access: yes, 2016
There is a large literature showing that fiscal policy is either acyclical or countercyclical in industrial countries and procyclical in developing countries.
Panizza, Ugo, Jaimovich, Dany
core  

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