When the government uses fiscal policy to combat recession, the lowering of taxes creates more disposable income for the consumer and for businesses as well. This coupled with increases in government spending on programs and projects encourages companies to produce more. Once companies produce more...
Fiscal policy in the US: a new measure of uncertainty and its effects on the American economyWe use the dispersion of the Federal Budget Balance forecasts from Consensus Economics to construct a new measure of fiscal uncertainty; constant horizon forecasts are obtained through mixture distributions. ...
When the government uses fiscal policy to combat recession, the lowering of taxes creates more disposable income for the consumer and for businesses as well. This coupled with increases in government spending on programs and projects encourages companies to produce more. Once companies produce more an...
pierre AldamaJérme CreelSciences PoSciences Po publicationsAldama, P., and J. Creel (2018). Fiscal policy in the US: sustainable after all? Economic Modelling, forthcoming.
Rational expectation is often thought of as a school of economic thoughtandthere have been criticisms on the lagging monetary policy and fiscal deficits.Aremonetary andfiscal policy in the US rational or not? Thomas Sargent, the 2011 Nobel Laureate in Economics andNew York University Economics Profe...
aThe only respect in which the uniformity rule may interfere with the freedom of fiscal policy is in the use of the taxing power to deal with regional problems of economic development. Thus, a lower rate of manufacturer’s tax on automobiles produced in West Virginia or Mississippi might serve...
The Economic Impact of Taxes in the US: Some Tests Based on the St. Louis Model The primary purpose of this article is to investigate empirically for the US the potential impact of monetary and fiscal policy upon real economic activity... Darrat,F Ali - 《Journal of Economic Studies》 被...
discretionary fiscal policypresidential transitionsinstitutionalismDespite the many references to an "Anglo-Saxon model" there were, as the financial crisis unfolded, important discretionary fiscal policy differences between the US and the UK. This paper considers the reasons why the US adopted a far ...
And while the perception isthatUS fiscal policyhasnot been tightened, public consumption has contributed negatively [...] abnamroprivatebanking.com abnamroprivatebanking.com 雖然美國的財政政策看來並無緊縮,但在過去四季,公共開支佔美國國內生產總 值的比率下跌至0.5%,跌幅較國家和市政府多出一半。
Fiscal policy is the way governments take in revenue through taxes and spends it on different public services. Browse Investopedia’s expert-written library to learn more.