Search Results - subject:"Budget deficit"

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 Past studies suggest the stimulus may make sense if it is temporary, targeted, and withdrawn quickly.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/10014577483

Optimal public debt threshold for Nepal

2024

Persistent link: https://www.econbiz.de/10015061820

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/10014583505

The relation between budget deficits and growth : complicated but clear

Wray, L. Randall; Lin, Eric - 2024

This paper looks at the relationship between government budget deficits and the growth rate of GDP. While orthodox economic theory offers several reasons to believe that growing deficits might be associated with slower growth, and would ultimately be unsustainable, Keynesians assert that...

Persistent link: https://www.econbiz.de/10015069505

Stabilization and adjustment in MENA : the case of Egypt

Abdel-Latif, Abla M.; Aboud, Sahar; Said, Rama; Seif, Racha - 2023

Persistent link: https://www.econbiz.de/10014487456

An empirical investigation of macroeconomic determinants of public debt in Ghana

Musah, Ibrahim - In: Cogent economics & finance 11 (2023) 2, pp. 1-29

Ghana has a lengthy history of accumulating public debt, primarily driven by the expansion of fiscal deficits. This has resulted in a persistent increase in the public debt ratio, as the country borrowed both externally and internally to stimulate economic growth and augment its capital stock....

Persistent link: https://www.econbiz.de/10014500989

Parameters of Kazakhstan's fiscal policy

Žakupova, Meruert M.; Hanetova, Ajaköz B. - 2023

Persistent link: https://www.econbiz.de/10014390660

Deficit financing with the national saving certificate and its macroeconomic consequences on Bangladesh's economy

Alam, Mohammad Mahabub - 2023

Persistent link: https://www.econbiz.de/10014432289

Some Kaleckian remarks on modern monetary theory in light of a paper by Drumetz/Pfister

Sawyer, Malcolm C. - In: European journal of economics and economic policies : … 20 (2023) 1, pp. 67-77

This paper provides remarks on modern monetary theory (MMT) from a Kaleckian perspective in response to a paper by Drumetz/Pfister. The distinction between initial financing and final financing is drawn up to argue for clear separation of how expenditure is financed and funded, and pointing to...

Persistent link: https://www.econbiz.de/10014433717

Monetary economy and budget deficit in endogenous growth model

Tanaka, Yasuhito - In: International studies of economics 18 (2023) 4, pp. 454-467

examine the existence of budget deficit in an economy which endogenously grows by investments of firms. The main results are … as follows. (1) Budget deficit is necessary for full employment under constant prices. (2) Inflation is induced if the … actual budget deficit is greater than the value at which full employment is achieved under constant prices. (3) If the actual …

Persistent link: https://www.econbiz.de/10014465992

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