Similar Search Results

Fiscal Policy Reforms in a Global Economy

Strulik, Holger - 2002

expenditure and income redistribution. The share of income redistributed defines the size of the welfare state. Although both … rates and a relative increase of productive expenditure. If both countries coordinate their fiscal policy the reduction of …

Persistent link: https://www.econbiz.de/10014116024

Fiscal Policy Effectiveness in Japan

Kuttner, Kenneth N.; Posen, Adam Simon - 2004

revenues, and public expenditures. We find that expansionary fiscal policy, whether in the form of tax cuts or of public works …

Persistent link: https://www.econbiz.de/10014117128

On the Speed and Boundaries of Structural Adjustment When Fiscal Policy is Tight

Schröder, Philipp J. H. - 2004

Governments of transition economies are subject to a fiscal constraint (e.g. credit constraints). However, exaggerated fiscal discipline might feed into the structural adjustment process. The government designs and times the privatisation programme yet may find itself in a fiscal squeeze,...

Persistent link: https://www.econbiz.de/10014120621

Cyclical Multiplier and Zero Low Bound Effects of Government Expenditure on Economic Growth : Evidence for Greece

Alexiou, Constantinos; Nellis, Joseph G. - 2017

This study explores the impact of government expenditure multipliers on economic growth utilising an Autoregressive … Distributed Lag (ARDL) approach. We provide evidence on the short‐term dynamics as well as the long‐run expenditure multiplier … inflation, government expenditure positively affects economic growth, whilst inconclusive evidence is obtained in the case of …

Persistent link: https://www.econbiz.de/10014120885

Employment and Firm Heterogeneity, Capital Allocation, and Countercyclical Labor Market Policies

Epstein, Brendan; Finkelstein Shapiro, Alan - 2017

Many countries have large employment shares in micro and small firms that have limited access to formal financing and therefore rely on input credit. Such countries are mainly emerging and developing economies, whose business cycle dynamics are increasingly important for the global economy in...

Persistent link: https://www.econbiz.de/10014121075

Electoral and Partisan Cycles in Fiscal Policy : An Examination of Canadian Provinces

Kneebone, Ronald D.; McKenzie, Kenneth J. - 2002

This paper examines the fiscal policy choices of Canadian provincial governments in the context of partisan and opportunistic cycles. We identify an electoral cycle in which the predilection of provincial governments of all political stripes to increase taxes is temporarily halted in election...

Persistent link: https://www.econbiz.de/10014121466

Searching for Fiscal Responsibility : A Critical Review of the Budget Reform in China

Wu, Alfred Muluan - 2014

The 2008-2009 global financial crisis has made budget management and fiscal responsibility more imperative in many developed economies. A budget crisis has not occurred in emerging economies such as China. However, in China, the demands of fiscal responsibility have increased against the...

Persistent link: https://www.econbiz.de/10014147743

Sustainability and Stability? Australian Fiscal Policy in the Twentieth Century

Olekalns, Nilss - 2000

This paper examines data on Australian fiscal policy going back to federation to answer two questions. First, has the conduct of Australian fiscal policy been consistent with the government?s intertemporal budget constraint? Second, have there been major structural changes in the conduct of...

Persistent link: https://www.econbiz.de/10014154368

Intergenerational Politics, Fiscal Policy and Productivity

Beauchemin, Kenneth R. - 1997

A political-economic theory of fiscal policy is presented in which tax policy preferences are derived from a conflict of interest between individuals of different ages. Policy formation is fully rational in that an individual's beliefs regarding future policies are consistent with...

Persistent link: https://www.econbiz.de/10014181937

Windfalls

Kades, Eric A. - 2008

There is a widespread belief that the law should, and does, protect windfalls (unexpected gains) every bit as much as it protects property earned by effort and enterprise. This article takes issue with both arms of this assertion. Windfalls present an efficient source of government revenue:...

Persistent link: https://www.econbiz.de/10014192187