Deficit problem of state budget and its impacts on economic policy of the Czech RepublicPetra Turoňová
These studies mostly ignore examining the impacts of budget deficit and QOG on economic growth. Additionally, the method of moment, or MMQR, is able to produce less biased estimations in different quantiles considering the scale and location; the method also overcomes the criticism of conventional ...
Keynesian economics theorysuggests that entities should run a surplus during times of prosperity and a deficit during a downcycle ordepression. This allows the company or government to save money when it is well off and to spend money oneconomic stimuluswhen the economy is less well off. The si...
Impacts of budget deficit on output, inflation and balance of trade This paper tries to analyze the impacts of budget deficit on macroeconomic aspects of Pakistan. In fact the ways through which budget deficit is financed, can affect money supply, output, exchange rate and then foreign trade. ...
It has also planned a 3 percent deficit-to-GDP ratio, which means 4.06 trillion yuan in deficit. The figure is 180 billion yuan more than that projected at the beginning of 2023. This year, a ceiling of 3.9 trillion yuan will be set on new local government special debts, an increase of...
Reports on the widening of California's budget deficit as revenues fall short. Consideration of California governor Arnold Schwarzenegger on a tax increase; Efforts on the reduction of budgets on top of budget cuts outlined in January; Increase in income tax filings in the weeks following April 15...
What impact do you believe the economy should have (or does have) on the need for a balanced governmental budget? Deficit Spending: Deficit spending occurs when a government spends more money than it generates through tax revenue or other means. The ex...
Over the past years, Egyptian governments have mulled over subsidy cuts to alleviate the financial burden. Still, they never put them in place due to public outcry against the high cost of living and the move's potential impacts on social stability, like the 1977 Bread Riots triggered by a ...
This study addresses one of the main problems facing the Lebanese economy during its recovery from many years of war: the relationship between budget and trade deficits. The results suggest that measures aimed at reducing the budget deficit may also lead to a reduction of the Lebanese trade defic...
Similarly, γ specifies whether budget transparency limits the deficit bias of fiscal policy. To examine whether the effect of fiscal rules depends on the degree of budget transparency, we interact the indexes; ϑ captures the moderating effect of budget transparency on the impact of fiscal rules...