Search Results - subject:"Budget constraint"

The Impact of Tax and Welfare Policieson Employment and Unemployment in OECD Countries

Disney, Richard - International Monetary Fund (IMF) - 2000

The paper provides a selective survey of methods and findings concerning the impact of tax and welfare policies on employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy and concludes that cross-country macroeconomic...

Persistent link: https://www.econbiz.de/10005263942

Monetary policy and exchange rate behavior in the fiscal theory of the price level

Andrés, Javier; Ballabriga, Fernando-Carlos; Vallés, … - 2000

Persistent link: https://www.econbiz.de/10001481549

The fallacy of the fiscal theory of the price level, Again

Buiter, Willem H. - 2000

constraint must hold identically, that is for all admissible values of the variables entering the budget constraint. Accordingly … ensure the budget constraint is satisfied. If the government overdetermines its fiscal-financial-monetary policy programme …The Fiscal Theory of the Price Level (FTPL) rejects the fundamental 'Ricardian' proposition, that the government budget …

Persistent link: https://www.econbiz.de/10009781580