The Macroeconomic Effects Of Fiscal Rules In The Us States
Download The Macroeconomic Effects Of Fiscal Rules In The Us States full books in PDF, epub, and Kindle. Read online free The Macroeconomic Effects Of Fiscal Rules In The Us States ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Antonio Fatás |
Publisher | : |
Total Pages | : 36 |
Release | : 2004 |
Genre | : Business cycles |
ISBN | : |
Download The Macroeconomic Effects of Fiscal Rules in the US States Book in PDF, Epub and Kindle
Author | : |
Publisher | : |
Total Pages | : 60 |
Release | : 1970 |
Genre | : Budget |
ISBN | : |
Download Measuring the Macroeconomic Effects of Fiscal Policy in the United States Book in PDF, Epub and Kindle
Author | : Farrokh Langdana |
Publisher | : Springer Science & Business Media |
Total Pages | : 298 |
Release | : 2009-04-05 |
Genre | : Business & Economics |
ISBN | : 0387776664 |
Download Macroeconomic Policy Book in PDF, Epub and Kindle
This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective – incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.
Author | : Mr.Abdul Abiad |
Publisher | : International Monetary Fund |
Total Pages | : 26 |
Release | : 2015-05-04 |
Genre | : Business & Economics |
ISBN | : 1484361555 |
Download The Macroeconomic Effects of Public Investment Book in PDF, Epub and Kindle
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
Author | : Barry Warren Poulson |
Publisher | : Rowman & Littlefield |
Total Pages | : 203 |
Release | : 2022 |
Genre | : Debts, Public |
ISBN | : 1666916617 |
Download Restoring Sustainable Macroeconomic Policies in the United States Book in PDF, Epub and Kindle
By looking at the macroeconomic frameworks and experiences of countries such as Germany, Sweden, and Switzerland, Restoring Sustainable Macroeconomic Policies in the U.S. presents a way for the United States to normalize fiscal and monetary policy in order to achieve sustainable debt in the post-COVID-19 era.
Author | : Fabio Canova |
Publisher | : |
Total Pages | : 33 |
Release | : 2005 |
Genre | : Business cycles |
ISBN | : |
Download Does it Cost to be Virtuous? Book in PDF, Epub and Kindle
"We study whether and how fiscal restrictions alter the business cycle features of macrovariables for a sample of 48 US states. We also examine the "typical" transmission properties of fiscal disturbances and the implied fiscal rules of states with different fiscal restrictions. Fiscal constraints are characterized with a number of indicators. There are similarities in second moments of macrovariables and in the transmission properties of fiscal shocks across states with different fiscal constraints. The cyclical response of expenditure differs in size and sometimes in sign, but heterogeneity within groups makes point estimates statistically insignificant. Creative budget accounting is responsible for the pattern. Implications for the design of fiscal rules and the reform of the Stability and Growth Pact are discussed"--National Bureau of Economic Research web site.
Author | : United States. Congress. Joint Economic Committee |
Publisher | : |
Total Pages | : 78 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : |
Download Maximizing America's Prosperity Book in PDF, Epub and Kindle
Author | : Sounman Hong |
Publisher | : |
Total Pages | : 29 |
Release | : 2015 |
Genre | : |
ISBN | : |
Download Fiscal Rules in Recessions Book in PDF, Epub and Kindle
This study explores the impact of balanced-budget rules on states' fiscal policy outcomes, and tests whether this impact depends on the political and economic environments in light of the American states' experience from 2004 to 2010. The findings suggest that (1) budget rules are more binding in recessions as compared with "normal" times; (2) the impact of the rule depends on the political environment, especially on the party identity of the governor; (3) a divided government influences the rule's impact, particularly when one party controls the governorship and another controls the legislature; and (4) states' responses, as measured by total budget cuts, to unexpected revenue shocks (such as unexpected decreases in tax revenue) tend to be larger than states' responses to unexpected expenditure shocks.
Author | : Richard Hemming |
Publisher | : International Monetary Fund |
Total Pages | : 62 |
Release | : 2002-12 |
Genre | : Business & Economics |
ISBN | : |
Download The Effectiveness of Fiscal Policy in Stimulating Economic Activity Book in PDF, Epub and Kindle
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 230 |
Release | : 2013-01-10 |
Genre | : Social Science |
ISBN | : 0309261961 |
Download Aging and the Macroeconomy Book in PDF, Epub and Kindle
The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.