The article looks at the effects of fiscal policy on the U.S. economic output varies over time. Focus is given on the macroeconomic policies and fiscal policies. Topics include total government spending, consumption expenditures and gross investment (GCGI), and government revenues, deficits, and ...
Using annual data since 1940, we estimate and compare different specifications of fiscal rules. Estimates of constant-parameter fiscal rules show no evidence of sustainability. This may be due to the instability of government's behaviour over time. Thus, we estimate a Markov-switching fiscal rule ...
The article summarises recent changes in fiscal policy, trade and debt, banking and the stock market. The discussion highlights the consequences of the ... K Rubin,G Frisvold - 《Capital & Class》 被引量: 0发表: 2016年 Fiscal policy and asset markets: A semiparametric analysis1^ Using a...
the UK, Australia and New Zealand together there were, as the financial crisis unfolded, important economic policy differences between the US and the UK. In particular, discretionary fiscal policies took very different forms. While the formation of the Conservative-led Coalition government in ...
The literature concerned with dynamic fiscal policy has evolved in two main directions over the last 20 years or so. On the one hand, there is a large literature on optimal taxation. In the context of a standard neoclassical growth model... A Erosa,M Gervais 被引量: 9发表: 2011年 加载...
Article Google Scholar Zezza, G. (2009) ‘Fiscal Policy and the Economics of Financial Balances’, Intervention, 6(2), 289–310. Google Scholar Zezza, G. (2011) ‘Income Distribution and Borrowing: Growth and Financial Balances in the US Economy’, in P. Arestis, R. Sobreira and ...
This article was published in Population Research and Policy Review, a leading interdisciplinary international journal of population research. The study also found that business cycles impact immigrant and native welfare participation differently. Immigrant participation in Temporary Assistance to Needy Families...
The economics of a Trump presidency will likely be inflationary; loose fiscal policy in the form of tax cuts and government spending will raise aggregate demand while protectionist policies tighten and disrupt supply. This suggests the impact on commodity prices will likely be to the upside, though...
In the first scenario, fiscal policy will likely remain tilted towards high spending and raising taxes on the wealthier segments of society. It would also signal strong support from Ukraine and continued sponsorship of the decarbonisation agenda. ...
Published28 February 2018 Issue DateAugust 2018 DOIhttps://doi.org/10.1007/s10797-018-9485-4 Keywords Fiscal federalism 50 US states Subnational fiscal autonomy JEL Classification H70 H77Associated Content Part of a collection: ITAX Policy Watch Access this article Log in via an institution Subsc...