Showing 1 - 10 of 55
This paper upholds the classical Keynesian position that a laissez-faire market economy lacks a spontaneous tendency to full employment. Focusing on the UK case, it argues that monetary policy could not prevent the economic collapse of 2008-9 or achieve full recovery from the Great Recession...
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This research examines problems surrounding procedures of fiscal policy and their influence on economic growth in Nigeria from 1970 - 2009. Theory envisage that fiscal policy can impinge on economic growth by changing motivation for investment and labour as well as by altering after-tax proceeds...
Persistent link: https://www.econbiz.de/10009762664
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The presence of convergence in the fiscal policies implemented at the national level to eliminate regional disparities …. From this point of view, this study aims to investigate the convergence of the fiscal policy implemented in the period of … structural convergence between regions in Turkiye to reveal similar and different aspects of fiscal aim through the Panel …
Persistent link: https://www.econbiz.de/10014287539
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This paper analyzes the impact of external price shocks on fiscal policy in Argentina during the last two decades. The paper evaluates, through VAR models with long-term restrictions, the effects of the terms of trade, and the output gap, in revenues, expenditures and the primary fiscal deficit,...
Persistent link: https://www.econbiz.de/10011539667
We show an example of a small open economy - the Czech Republic - where the fiscal restriction was put in place between 2010 and 2013 in a negative output gap and zero lower bound on nominal interest rates. According to our results, such fiscal policy seems to have been mistaken, as the...
Persistent link: https://www.econbiz.de/10012131468
Background: Since the latter part of the 20th Century, countries have been particularly challenged by the trade-off that exists between delivering generous welfare provisions and strong economic growth. Such dynamics have stimulated a need to better understand the causes of income inequality so...
Persistent link: https://www.econbiz.de/10012025364