The effect of a fiscal expansion arguably depends ... point is essentially the flip side of the argument by Krugman: fiscal policy is more effective if monetary policy is accommodative.
Fiscal policy influences the economy through government spending ... or public works programs—since both approaches help soften the effects of a downturn. In addition, although discretionary measures ...
The objective of this paper is to fill this gap by studying the role of fiscal policy as a first-order driver of the changes in the institutional structure observed in the U.S. financial system. I ...
Bringing together academics and policymaker, the event delves into a range of topics that are central to IMF member countries, such as the interactions between fiscal and monetary policy and their ...
However, after the financial crisis and the subsequent euro crisis, fiscal policy has been brought back to the fore. In the past, the limited understanding of the effects of fiscal policy, neglect of ...
While he refused to get ahead of himself and discuss how fiscal policy may impact future ... time to make assessments about what the net effects of policy changes will be on the economy before ...
In turn, this generates a contractionary effect on output ... intertemporal macroeconomics (U.S.) instead of pro-cyclical fiscal policy (Argentina), already high interest rates, higher ...
The COVID-19 pandemic exposed the vulnerability of state, local, and Tribal governments’ dependence on payments tied to ...
European countries put asylum applications from Syrians on hold until further notice on Monday after rebels seized the Syrian ...
I recently watched Vincent Ekow Assafuah, MP for Old Tafo Constituency, attempt to explain inflation on TV3. Despite the host, Ocansey, providing insightful guidance and educational pointers, the MP ...