Fed Chair Jay Powell has taken great pains to avoid politics. But with myriad potential government policies that could affect ...
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 ...
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 ...
Fiscal policy involves government spending and tax measures impacting the economy and investor decisions. Contrasting with monetary policy, fiscal policy is set by legislatures and affects stocks ...
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 ...
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 ...
Political battles arguably fulfill one of Neuberger Berman's themes for 2024: “More fiscal policy dispersion.” Click to read.
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 ...