Search Results - subject:"government purchases"

Determinants of China's Private Consumption; An International Perspective

Guo, Kai; Papa M'B. P. N'Diaye - International Monetary Fund (IMF) - 2010

This paper gauges the key determinants of China's private consumption in relation to GDP using data on the Chinese economy and evidence from other countries' experiences. The results suggest there is nothing "special" about consumption in China. Rather, the challenge is to explain why the...

Persistent link: https://www.econbiz.de/10008470395

Productive Government Purchases and the Real Exchange Rate

Kollmann, Robert; Basu, Parantap - European Centre for Advanced Research in Economics and … - 2010

Empirical research documents that an exogenous rise in government purchases in a given country triggers a depreciation … real exchange rate. We argue that this prediction reflects the assumption that government purchases are unproductive. Using … a simple model, we show that the real exchange rate may depreciate in response to a rise in government purchases, if …

Persistent link: https://www.econbiz.de/10008530673

Government Investment and Fiscal Stimulus

Yang, Shu-Chun S.; Walker, Todd B.; Leeper, Eric M. - International Monetary Fund (IMF) - 2010

Effects of government investment are studied in an estimated neoclassical growth model. The analysis focuses on two dimensions that are critical for understanding government investment as a fiscal stimulus: implementation delays for building public capital and expected fiscal adjustments to...

Persistent link: https://www.econbiz.de/10008680271

Fiscal Stimulus with Spending Reversals

Müller, Gernot; Corsetti, Giancarlo; Meier, André - International Monetary Fund (IMF) - 2009

The impact of fiscal stimulus depends not only on short-term tax and spending policies, but also on expectations about offsetting measures in the future. This paper analyzes the effects of an increase in government spending under a plausible debt-stabilizing policy that links current stimulus to...

Persistent link: https://www.econbiz.de/10008528669

A set of estimated fiscal rules for a cross-section of countries: Stabilization and consolidation through which instruments?

Boeing-Reicher, Claire - In: Journal of macroeconomics 42 (2014), pp. 184-198

Persistent link: https://www.econbiz.de/10011286619

Systematic fiscal policy and macroeconomic performance : a critical overview of the literature

Boeing-Reicher, Claire - 2014

strongly anticyclical policy, which consists of procyclical tax revenues, acyclical tax rates and government purchases, and … literature on anticyclical fiscal policy has gone from mostly focusing on government purchases and tax rates toward beginning to …

Persistent link: https://www.econbiz.de/10010425062

A set of estimated fiscal rules for a cross-section of countries: Stabilization and consolidation through which instruments?

Reicher, Claire - In: Journal of Macroeconomics 42 (2014) C, pp. 184-198

adjust tax revenues and transfer payments but, interestingly, not tax rates or government purchases, strongly in response to …

Persistent link: https://www.econbiz.de/10011117991

Systematic fiscal policy and macroeconomic performance: A critical overview of the literature

Reicher, Claire - In: Economics - The Open-Access, Open-Assessment E-Journal 8 (2014), pp. 1-37

Persistent link: https://www.econbiz.de/10010961607

A set of estimated fiscal rules for a cross section of countries : stabilization and consolidation through which instruments?

Reicher, Christopher Phillip - 2013

This paper provides a set of detailed estimated fiscal reaction functions for a panel of twenty industrialized countries, and it discusses commonalities and differences with regard to systematic fiscal policies across countries. In general, the countries in the panel adjust tax revenues strongly...

Persistent link: https://www.econbiz.de/10009782452

Politico-economic inequality and the comovement of government purchases

Bachmann, Ruediger; Bai, Jinhui H. - In: Review of economic dynamics 16 (2013) 4, pp. 565-580

Persistent link: https://www.econbiz.de/10010210862