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Reinstating fiscal policy for normal times : public investment and public jobs programmes

Skidelsky, Robert Jacob Alexander; Gasperin, Simone - In: PSL quarterly review 74 (2021) 296, pp. 3-24

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...

Persistent link: https://www.econbiz.de/10013175036

An appraisal of fiscal policy measures and its implication for growth of the Nigerian economy : 1970 - 2009

Imoisi, Anthony Ilegbinosa - In: Advances in management & applied economics 3 (2013) 4, pp. 193-204

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

Testing convergence of fiscal policies in regions of Turkiye

Karaş, Göksel; Karaş, Ebru - In: Mokslo darbai / Ekonomika / Vilniaus Universitetas 102 (2023) 1, pp. 26-40

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

La política fiscal en economías exportadoras de materias primas : evidencia para Argentina

Lanteri, Luis N. - In: Atlantic review of economics : AROE 1 (2016)

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

Ten years later: lessons for DSGE builders and Czech policy makers

Michl, Aleš - In: Národohospodářský obzor : časopis věnovaný … 19 (2019) 3, pp. 159-174

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

A survey of inclusive growth policy

Heshmati, Almas; Kim, Jungsuk; Wood, Jacob - In: Economies : open access journal 7 (2019) 3/65, pp. 1-18

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

Fiscal federalism and a separate budget for the euro area

Ore̢ziak, Leokadia - In: International journal of management and economics 54 (2018) 2, pp. 85-98

The core objective of this paper is to determine the main political and economic conditions and challenges related to the possible evolution of the integration process in the euro area toward fiscal federalism and fiscal union as a way to increase the capacity of the area to cope with future...

Persistent link: https://www.econbiz.de/10012027105

Fiscal consolidation in Poland and it's economic consequences after the crisis 2008

Ciepłucha, Mateusz - In: Journal of contemporary economic and business issues 3 (2016) 2, pp. 61-73

The paper focuses on public finance and the aspect of fiscal consolidation in Poland as economic consequences after the financial crisis in 2008. The study assumes that there is a wide range of needs for fiscal consolidation implementation in European post-crisis countries. Budgets of the vast...

Persistent link: https://www.econbiz.de/10011588171

Income taxes, public fiscal policy and economic growth

Wolowiec, Tomasz; Skica, Tomasz; Gercheva, Galya - In: E-Finanse : finansowy kwartalnik internetowy 10 (2014) 3, pp. 52-64

The main goal of this article is to find the relationship between public fiscal policy and economic growth. The article consist of a few parts. The first is an introduction, which creates the background for the analysis in the following sections. It shows the main point of view on public fiscal...

Persistent link: https://www.econbiz.de/10010515544

Die Verschuldungskrise der Europäischen Währungsunion : fiskalische Disziplinlosigkeit oder Konstruktionsfehler?

Maurer, Rainer - In: Vierteljahrshefte zur Wirtschaftsforschung 79 (2010) 4, pp. 85-102

In diesem Artikel wird auf der Basis empirischer Daten argumentiert, dass die Schuldenkrise der Europäischen Währungsunion entgegen verbreiteter Ansicht nicht von einem starken Anstieg der Schuldenstandsquote von Staaten, sondern von einem starken Anstieg der Nettoauslandsverschuldungsquote...

Persistent link: https://www.econbiz.de/10010417341