This paper considers the role of fiscal policy in New Zealand's macroeconomic stabilisation. New Zealand … macroeconomic stabilisation. In contrast, fiscal policy is generally oriented around medium-term structural goals and debt … sustainability. There is a need to reassess the role of fiscal policy in the wake of COVID-19 and structural trends. As has been the …

valorem and specific carbon tax systems encourage carbon abatement but reduce carbon tax revenues. The government's fiscal … policy stimulus-response (palliative) action dampens the impact of these global shocks on both the domestic agents and the …

Since the Global Financial Crisis in 2008-2009, there has been flourishing literature on the role of fiscal policy in … avoided, and on a possible reinvented role for fiscal policy in deep economic crisis. …