Unemployment benefits and other social spending are also designed to rise during a downturn. These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary ...

Our simulations show that high initial levels of public debt make it more difficult to exit a crisis and limit the ability of expansionary fiscal policy to support output growth. Similar results are ...

This issue is preventing our website from loading properly. Please review the following troubleshooting tips or contact us at [email protected]. Your guide to the most important world stories of ...

Organ Donation: Opt-out Defaults Do Not Increase Donation Rates, Study Finds Nov. 13, 2024 — A recent study shows that switching to an opt-out organ donation policy, where all adults are ...

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“If I can afford to pay my rent on time for years then why can’t I qualify for a home loan?” This is a question I get asked daily in Jamaica by varying demographics. The simple answer ...

The appearance at the Economic Club of Chicago was billed as an economic policy interview but the former president spoke about foreign policy, crime and Kamala Harris as well. The Ukrainian ...

It has more than 80,000 employees and is responsible for some $2 trillion in annual outlays as of fiscal year 2024 ... a key role overseeing health policy. He has pledged to pursue a ...

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Definition: The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. While ...

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