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  • Search: subject_exact:"Countercyclical fiscal policy"
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Year of publication
Subject
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Countercyclical fiscal policy 1,697 Antizyklische Finanzpolitik 1,691 Finanzpolitik 864 Fiscal policy 860 Wirkungsanalyse 488 Impact assessment 487 Business cycle 368 Konjunktur 368 Stabilisierungspolitik 312 Stabilization policy 312 Theorie 294 Theory 292 Multiplier 261 Multiplikator 261 Öffentliche Ausgaben 250 Public expenditure 249 Financial crisis 205 Finanzkrise 205 Wirtschaftskrise 166 EU countries 164 EU-Staaten 164 Economic crisis 164 Fiscal consolidation 164 Haushaltskonsolidierung 163 Public debt 162 Öffentliche Schulden 162 USA 157 United States 157 Welt 156 World 155 Geldpolitik 143 Monetary policy 143 Regelbindung versus Diskretion 134 Rules versus discretion 134 Coronavirus 117 Neoklassische Synthese 108 Neoclassical synthesis 107 Economic growth 93 Wirtschaftswachstum 93 Budget deficit 84
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Online availability
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Free 849 Undetermined 330 CC license 27
Type of publication
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Book / Working Paper 1,009 Article 704
Type of publication (narrower categories)
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Article in journal 599 Aufsatz in Zeitschrift 599 Graue Literatur 508 Non-commercial literature 508 Working Paper 491 Arbeitspapier 484 Aufsatz im Buch 102 Book section 102 Hochschulschrift 16 Conference paper 14 Konferenzbeitrag 14 Amtsdruckschrift 12 Collection of articles of several authors 12 Government document 12 Sammelwerk 12 Thesis 10 Konferenzschrift 9 Aufsatzsammlung 5 Bibliografie enthalten 5 Bibliography included 5 Case study 5 Fallstudie 5 Advisory report 2 Amtliche Publikation 2 Collection of articles written by one author 2 Gutachten 2 Sammlung 2 Systematic review 2 Übersichtsarbeit 2 Conference proceedings 1 Dissertation u.a. Prüfungsschriften 1 Forschungsbericht 1 research-article 1
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Language
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English 1,540 German 101 Spanish 26 Undetermined 14 Polish 8 French 6 Italian 4 Russian 4 Norwegian 3 Portuguese 3 Danish 2 Croatian 2 Bulgarian 1 Finnish 1 Romanian 1 Serbian 1
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Author
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Végh, Carlos A. 25 Auerbach, Alan J. 23 Vuletin, Guillermo 21 Aizenman, Joshua 17 Frankel, Jeffrey A. 17 Murphy, Daniel P. 17 Leeper, Eric M. 16 Gorodnichenko, Yuriy 14 Inman, Robert P. 14 Laxton, Douglas 14 Weber, Michael 14 Coenen, Günter 13 Kumhof, Michael 13 Seidman, Laurence S. 13 Carlino, Gerald A. 12 Fatás, Antonio 12 Fuest, Clemens 11 Jinjarak, Yothin 11 Park, Donghyun 11 Walker, Todd B. 11 Aghion, Philippe 10 Arestis, Philip 10 Buchheim, Lukas 10 Evans, George W. 10 Honkapohja, Seppo 10 Kim, Hyeongwoo 10 Sahm, Claudia R. 10 Shapiro, Matthew D. 10 Slemrod, Joel 10 Watzinger, Martin 10 Hoang, Daniel 9 Mihov, Ilian 9 Carneiro, Francisco Galrão 8 D'Acunto, Francesco 8 Galí, Jordi 8 Kharroubi, Enisse 8 Larch, Martin 8 Sousa, Ricardo M. 8 Tsuruga, Takayuki 8 Turrini, Alessandro 8
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Institution
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National Bureau of Economic Research 52 European Commission / Directorate-General for Economic and Financial Affairs 4 Europäisches Parlament / Policy Department for Economic, Scientific and Quality of Life Policies 3 Arbeitsgruppe Alternative Wirtschaftspolitik 2 Bank für Internationalen Zahlungsausgleich / Währungs- und Wirtschaftsabteilung 2 Barcelona Graduate School of Economics (Barcelona GSE) 2 Department of Economics, Faculty of Economic and Management Sciences 2 East Asian Bureau of Economic Research (EABER) 2 Justus-Liebig-Universität Gießen / Fachbereich Wirtschaftswissenschaften 2 Asian Development Bank Institute, Asian Development Bank 1 Banco Nacional de Angola <Luanda> 1 Beirat für Gesellschafts-, Wirtschafts- und Umweltpolitische Alternativen 1 Belgien / Bureau du Plan 1 Brussels European and Global Economic Laboratory 1 C.E.P.R. Discussion Papers 1 CER-ETH Center of Economic Research, Department of Management, Technology and Economics (D-MTEC) 1 Conference on Macroprudential Regulation and Policy <2011, Seoul> 1 Departament d'Economia i Història Econòmica, Universitat Autònoma de Barcelona 1 Ekonomiska forskningsinstitutet <Stockholm> 1 European Central Bank 1 European Commission / Directorate-General for Taxation and Customs Union 1 Europäische Kommission / Generaldirektion Wirtschaft und Finanzen 1 Europäisches Parlament / Referat Unterstützung des Wirtschaftspolitischen Handelns 1 Federal Reserve Bank of Chicago 1 Han gug eun haeng 1 Inter-American Development Bank / Research Department 1 International Institute of Public Finance 1 International Monetary Fund (IMF) 1 Internationale Arbeitsorganisation 1 Kammer für Arbeiter und Angestellte für Wien / Abteilung Wirtschaftswissenschaft und Statistik 1 Keynes Gesellschaft 1 Keynes Gesellschaft / Wissenschaftliche Jahrestagung <12., 2016, Berlin> 1 Melbourne Institute of Applied Economic and Social Research 1 Metropolis-Verlag für Ökonomie Gesellschaft und Politik GmbH 1 National Institute of Economic and Social Research 1 Nordic Council of Ministers 1 Peter Lang AG 1 UN Women - ILO Joint Programme 1 USA / Congress / House of Representatives / Committee on the Budget 1 University of Strathclyde / Department of Economics 1
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Published in...
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NBER working paper series 53 NBER Working Paper 49 IMF working papers 35 Working paper / National Bureau of Economic Research, Inc. 29 Working paper 19 CESifo working papers 18 Discussion papers / CEPR 15 Intereconomics : review of European economic policy 15 Discussion paper / Centre for Economic Policy Research 14 IMF Working Paper 14 European economic review : EER 12 IMF working paper 11 Journal of economic dynamics & control 11 Journal of monetary economics 11 Policy research working paper : WPS 11 Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 11 Challenge 10 Economic modelling 10 Finance and economics discussion series 10 Journal of macroeconomics 10 American economic journal : a journal of the American Economic Association 9 Asian economic policy review : AEPR 9 IMF Working Papers 9 Journal of international money and finance 9 Journal of policy modeling : JPMOD ; a social science forum of world issues 9 Working paper series 9 World Bank Policy Research Working Paper 9 Bulletin / Bank of Finland 8 CESifo Working Paper Series 8 Journal of post-Keynesian economics : JPKE 8 Working paper series / Department of Economics, Auburn University 8 Working paper series / European Central Bank 8 ECB Working Paper 7 Economics letters 7 The B.E. journal of macroeconomics 7 World Bank E-Library Archive 7 Discussion paper 6 Documentos de trabajo Banco Central de Chile 6 Policy Research Working Paper 6 AEA papers and proceedings 5
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Source
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ECONIS (ZBW) 1,686 RePEc 17 EconStor 7 USB Cologne (EcoSocSci) 2 Other ZBW resources 1
Showing 1 - 50 of 1,713
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Did the American rescue plan cause inflation? : a synthetic control approach
Ko, Dong Gyun - In: Economic modelling 143 (2025), pp. 1-18
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015192600
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The COVID-19 pandemic, fiscal policies, and the Korean economy : a CGE model analysis
Kitetu, Geoffrey Musyoki; Ko, Jong-Hwan - In: Asian journal of applied economics : AJAE is an … 32 (2025) 1, pp. 99-124
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Investment incentives attract foreign direct investment : evidence from the Great Recession
Katitas, Aycan; Pandya, Sonal S. - In: Public choice 200 (2024) 1/2, pp. 323-345
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015177318
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For whom the bill tolls : redistributive consequences of a monetary-fiscal stimulus
Brzoza-Brzezina, Michał; Jabłońska, Julia; Kolasa, Marcin - 2024
During the COVID-19 pandemic, governments in the euro area sharply increased spending while the European Central Bank eased financing conditions. We use this episode to assess how such a concerted monetary-fiscal stimulus redistributes welfare between various age cohorts. Our assessment involves...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015178624
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Fiscal stimulus plans and households' expectations
De Fiore, Fiorella; Lombardi, Marco; Tejada, Albert Pierres - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015206732
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Fiscal policy and the pandemic-era surge in US inflation : lessons for the future
Dynan, Karen E.; Elmendorf, Douglas W. - 2024
In the United States, massive fiscal expansion during the pandemic protected households and helped to return output and unemployment nearly to pre-pandemic expectations by the end of 2021—a sharp contrast with the slow recovery from the previous US recession. The authors document that many...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015209692
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The effectiveness of macroprudential policies during the Covid-19 pandemic in sub-Saharan Africa
Baudino, Patrizia; Guerra, Rebecca; Djigbenou, Marie Louise - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015211034
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Italy's Superbonus 110% : messing up with demand stimulus and the need to reinvent fiscal policy
Codogno, Lorenzo - 2024
Since the Global Financial Crisis in 2008-2009, there has been flourishing literature on the role of fiscal policy in stimulating demand when the economy is in a deep recession. Past studies suggest the stimulus may make sense if it is temporary, targeted, and withdrawn quickly. However, since...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014577483
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A comparative evaluation of fiscal stabilization strategies during the Covid-19 pandemic with Germany as a reference point
Baudisch, Victoria; Neuenkirch, Matthias - In: The Economists' voice 21 (2024) 1, pp. 29-63
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014580713
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The economy is at capacity : we need a countercyclical budget
McDonnell, Tom - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014581380
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Global shocks and fiscal stimulus : a tale of an oil-dependent-exporting country
Okorie, David Iheke; Lin, Boqiang - In: Financial innovation : FIN 10 (2024), pp. 1-37
Global shocks potentially distort economy's achieved equilibria. Considering the 2020 global crude oil price shock and the 2019 coronavirus disease pandemic, this study proposes an energy and environment integrated general equilibrium model to analyze the economic, energy, and environmental...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014532083
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Quantifying the role of automatic stabilisers in New Zealand using a macro-simulation approach
Binning, Andrew - 2024
Automatic stabilisers are fiscal policy's first line of defence in the face of adverse economic shocks. Automatic stabilisers capture fiscal policy's automatic countercyclical response to the state of the business cycle, and are determined by factors like the progressivity of the tax system, the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014533166
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Russian economic development under forceful defense spending growth
Buklemishev, Oleg V. - In: Russian journal of economics 10 (2024) 4, pp. 319-331
The article examines historical aspects, general economic logic, and theoretical discussions on the policy of stimulating the economy through increased government appropriations for defense items. It provides a brief overview of empirical studies on economic effects of defense spending in Russia...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015396283
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Should the fiscal authority avoid implementation lag?
Eguchi, Masataka; Niwa, Hidekazu; Tsuruga, Takayuki - In: Oxford bulletin of economics and statistics 86 (2024) 4, pp. 856-870
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015130497
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Optimal fiscal policy under finite planning horizons
Jung, Euiyoung; Lee, Chul-in - In: International tax and public finance 31 (2024) 6, pp. 1550-1583
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Revisiting the countercyclicality of fiscal policy
Jalles, João Tovar; Kiendrebeogo, Youssouf; Lam, Raphael; … - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015141897
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Effectiveness and counter-cyclicality of fiscal consolidation under compliance regulation : the case of the Stability and Growth Pact
Herwartz, Helmut; Theilen, Bernd - In: Economics & politics 36 (2024) 1, pp. 152-176
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Unconventional fiscal policy in times of high inflation
Dao, Mai; Dizioli, Allan; Jackson, Chris; Gourinchas, … - In: Monetary policy responses to the post-pandemic inflation, (pp. 331-345). 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014492396
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For whom the bill tolls : redistributive consequences of a monetary-fiscal stimulus
Brzoza-Brzezina, Michał; Jabłońska, Julia; Kolasa, Marcin - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014507845
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The economic impacts of COVID-19 : evidence from a new public database built using private sector data*
Chetty, Raj; Friedman, John N; Stepner, Michael - In: The quarterly journal of economics 139 (2024) 2, pp. 829-889
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014528133
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National fiscal stimulus packages from a gender equality perspective : consolidated report
Internationale Arbeitsorganisation; UN Women - ILO … - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015080870
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Enhancing the role of fiscal policy in New Zealand's macroeconomic stabilisation
Bernstein, Jenna; Gaukrodger, Ben; Parkyn, Oscar - 2024
This paper considers the role of fiscal policy in New Zealand's macroeconomic stabilisation. New Zealand's macroeconomic framework is characterised by an institutional arrangement whereby monetary policy has the primary responsibility for macroeconomic stabilisation. In contrast, fiscal policy...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015052086
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In the driver's seat : pandemic fiscal stimulus and light vehicles
Dunbar, Jack; Kurz, Christopher J.; Li, Geng; Tito, Maria D. - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015053939
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Italy's Superbonus 110% : messing up with demand stimulus and the need to reinvent fiscal policy
Codogno, Lorenzo - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014583505
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Aid for incumbents : the electoral consequences of COVID-19 relief
Clemens, Jeffrey; Payson, Julia; Veuger, Stan - 2024
The COVID-19 pandemic led to unprecedented levels of federal aid transfers to state governments. Did this funding increase benefit state incumbents electorally? Identifying the effect of revenue windfalls on economic voting is challenging because whatever conditions led to the influx of cash...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014584043
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The impact of the stimulus packages on the economy during COVID-19 in Bangladesh : a mixed-method approach
Amin, Ruhul; Rahman, Nahian; Tasnim, Samira; Dey, Sima Rani - In: Economies : open access journal 12 (2024) 5, pp. 1-25
With the unexpected onset of COVID-19, governments across the world responded with a range of preventive measures, including the imposition of lockdowns. To mitigate the adverse effects of lockdowns arising from supply chain shocks and employment loss, governments worldwide chose to implement...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014635993
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Can deficits finance themselves?
Angeletos, Marios; Lian, Chen; Wolf, Christian - In: Econometrica : journal of the Econometric Society, an … 92 (2024) 5, pp. 1351-1390
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Fiscal cyclicality, war and bankruptcies in Greece, 1833-1939
Chrysanthakopoulos, Christos; Koutentakis, Franciscos; … - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015123471
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Fiscal stimulus with supply constraints
Fornaro, Luca - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015114930
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Prudential fiscal stimulus
Duncan, Alfred; Nolan, Charles - 2024 - This version: February 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014483235
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For whom the bill tolls : redistributive consequences of a monetary-fiscal stimulus
Brzoza-Brzezina, Michał (contributor);  … - European Central Bank - 2024
During the COVID-19 pandemic, governments in the euro area sharply increased spending while the European Central Bank eased financing conditions. We use this episode to assess how such a concerted monetary-fiscal stimulus redistributes welfare between various age cohorts. Our assessment involves...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015321746
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Fiscal rules and countercyclical fiscal policy in Russia
Ablaev, E. Yu.; Magzhanov, T. R. - 2024
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015395131
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Achieving two policy targets with one policy instrument: heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound
Lima, Gilberto Tadeu; Setterfield, Mark; Silveira, … - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013548002
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The Effects of a Money-Financed Fiscal Stimulus Under Fiscal Stress
Jin, Hao; Wang, Junfeng - 2023
This paper studies the local determinacy requirements and effects of a money-financed fiscal stimulus under fiscal stress in a canonical New Keynesian model. We consider three alternative monetary policies and find that: (1) The money-financed policy adopted in Gali (2020) to keep real debt...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014354978
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Welfare and Spending Effects of Consumption Stimulus Policies
Carroll, Chris; Crawley, Edmund; Tretvoll, Hakon - 2023
Using a heterogeneous agent model calibrated to match measured spending dynamics over four years following an income shock (Fagereng, Holm, and Natvik (2021)), we assess the effectiveness of three fiscal stimulus policies employed during recent recessions. Unemployment insurance (UI) extensions...
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Fiscal Stimulus Under Average Inflation Targeting
Liu, Zheng; Miao, Jianjun; Su, Dongling - 2023
Abstract. The stimulus effects of expansionary fiscal policy under average inflationtargeting (AIT) depends on both monetary and fiscal policy regimes. AITfeatures an inflation makeup under the monetary regime, but not under thefiscal regime. In normal times, AIT amplifies the short-run...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014357697
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Parameters of Kazakhstan's fiscal policy
Žakupova, Meruert M.; Hanetova, Ajaköz B. - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014390660
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Digital fiscal stimulus and SMEs : insights from Thailand's Half and Half Program
Athiphat Muthitacharoen - 2023 - This Version: January 2024
This study leverages the unique opportunities presented by the digitization of economic activity to investigate the impact of Thailand's 'Half and Half' program-a targeted, digital co-pay fiscal stimulus-on SMEs and consumer spending. Utilizing weekly province-level data from LINE MAN Wongnai, a...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014383937
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The impact of monetary and fiscal stimulus on stock returns during the covid-19 pandemic
Behera, Chinmaya; Rath, Badri Narayan; Mishra, Pramod Kumar - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014440134
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Fiscal Procyclicality in Commodity Exporting Countries : How Much does it Pour and Why?
Arroyo Marioli, Francisco; Végh, Carlos A. - 2023
A large literature has documented that fiscal policy is procyclical in emerging markets and developing economies and acyclical/countercyclical in advanced economies. This paper analyzes fiscal procyclicality in commodity-exporting countries. It first shows that the degree of fiscal...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014312610
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Why do voters support procyclical fiscal policies? : experimental evidence from Latin America
Ardanaz, Martin; Hübscher, Evelyne; Keefer, Philip; … - 2023
Governments often pursue procyclical fiscal policies, even though they reduce voter welfare. Is this because voters actually prefer procyclical policies? The analysis in this paper exploits the first individual-level evidence from an original survey of 12,000 respondents in 8 countries across...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014460802
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Achieving two policy targets with one policy instrument : heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound
Lima, Gilberto Tadeu; Setterfield, Mark; Silveira, … - 2023
We explore the short-term macrodynamics of stabilization policy at the effective lower bound (ELB) of the nominal interest rate, in an environment characterized by heterogenous and endogenously time-varying private-sector output and inflation expectations driven by evolutionary dynamics. We show...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014327480
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The effects of a money-financed fiscal stimulus under fiscal stress
Jin, Hao; Wang, Junfeng - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014249886
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What makes discretionary counter-cyclical fiscal policy so difficult? : an analysis of 32 OECD countries
Haan, Jakob de; Gootjes, Bram - In: CESifo economic studies : a joint initiative of the … 69 (2023) 1, pp. 1-20
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014250352
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Building the Education Revolution : The Employment Effects of Fiscal Stimulus in Australia
Watson, Timothy; Tervala, Juha - 2023
This paper estimates the causal impact of the Great Recession-era Building the Education Revolution (BER) school infrastructure stimulus program on labour market outcomes in Australia. The evidence suggests that the program provided value for money, with costs per job-year saved most likely...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014259833
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Comparing different features of a fiscal stimulus in the euro area
Bozou, Caroline; Creel, Jérôme - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014284989
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Quantifying the Inflationary Impact of Fiscal Stimulus under Supply Constraints
Di Giovanni, Julian; Kalemli-Ozcan, Sebnem; Silva, Álvaro - 2023
This paper builds on Baqaee and Farhi (2022) and di Giovanni et al. (2022) to quantify the contribution of fiscal policy to U.S. inflation over the December 2019-June 2022 period. Model calibrations show that aggregate demand shocks explain roughly two-thirds of total model-based inflation, and...
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Fiscal Stimulus Payments, Housing Demand, and House Price Inflation
Lin, Leming - 2023
This paper studies whether the fiscal stimulus programs during the 2020-2021 COVID-19 pandemic contributed to the sharp rise in house prices during the same period. Exploiting the variation in the share of local population eligible for the historic $900 billion economic impact payments and...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014255227
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Achieving Two Policy Targets With One Policy Instrument : Heterogeneous Expectations, Countercyclical Fiscal Policy, and Macroeconomic Stabilization at the Effective Lower Bound
Lima, Gilberto Tadeu; Setterfield, Mark; Silveira, … - 2023
We explore the short-term macrodynamics of stabilization policy at the effective lower bound (ELB) of the nominal interest rate, in an environment characterized by heterogenous and endogenously time-varying private-sector output and inflation expectations driven by evolutionary dynamics. We show...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014256134
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Prudential Fiscal Stimulus
Duncan, Alfred; Nolan, Charles - 2023
Anticipated stimulus policies enacted perhaps in response to a crisis can motivate precautionary behaviour during the preceding expansion. Ex post stimulus can be ex ante prudential. Prudential fiscal stimulus both speeds up economic recoveries, and prevents crises from occurring in the first...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014256516
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