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Comparative analysis of monetary and fiscal Policy: a case study of Pakistan
Jawaid, Syed Tehseen; Arif, Imtiaz; Naeemullah, Syed … - Volkswirtschaftliche Fakultät, … - 2010
This study investigates the comparative effect of fiscal and monetary policy on economic growth in Pakistan using annual time series data from 1981 to 2009. The cointegration result suggests that both monetary and fiscal policy have significant and positive effect on economic growth. The...
Persistent link: https://www.econbiz.de/10009149430
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An investigation of granger causality between tax revenues and government expenditures
Hasan, Syed Akif; Subhani, Muhammad Imtiaz; Osman, Ms. Amber - Volkswirtschaftliche Fakultät, … - 2011
tanks while they work four making fiscal policies for an economy. This paper is an empirical investigation on the …
Persistent link: https://www.econbiz.de/10009401067
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Indice de cohérence du policy-mix : une proposition
GAMMADIGBE, Vigninou - Volkswirtschaftliche Fakultät, … - 2015
From the policy mix theory to the related empirical works, quantifying the degree of coordination of monetary and fiscal policies seems to be missing. In this paper, we propose an index (ICPM) which measures the coherent nature of the policy mix rather than it restrictive or expansive character....
Persistent link: https://www.econbiz.de/10011220300
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Policy Mix Coherence Index (PMCI) : A Proposal
GAMMADIGBE, Vigninou - Volkswirtschaftliche Fakultät, … - 2015
From the policy mix theory to the related empirical works, the quantification of the coordination of monetary and fiscal policies seems to be missing. In this paper, we propose an index (PMCI) which measures the coherent nature of the policy mix rather than it restrictive or expansive character....
Persistent link: https://www.econbiz.de/10011251899
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Escaping a Liquidity Trap: Keynes’ Prescription Is Right But His Reasoning Is Wrong
Harashima, Taiji - Volkswirtschaftliche Fakultät, … - 2013
Keynes’ original intention in introducing the concept of a liquidity trap was to explain the reason why persistent large amounts of unutilized resources were generated during the Great Depression. This paper shows that this type of phenomenon cannot be explained in the framework of a...
Persistent link: https://www.econbiz.de/10011258943
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Le Policy mix de la zone UEMOA garantit-il la Stabilité Intérieure et la Croissance ?
Combey, Adama - Volkswirtschaftliche Fakultät, … - 2014
A policy mix characterized by a monetary policy whose main objective is price stability and fiscal policy under fiscal discipline can he permit to keep prices and production levels of social optimum to sustain economic growth ? In this paper, an index of the policy mix is ​​built for...
Persistent link: https://www.econbiz.de/10011258948
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Need for rethinking of the Hungarian fiscal and monetary policy
Kerényi, Ádám - Volkswirtschaftliche Fakultät, … - 2012
experts cited the high public debt and volume of unsecured foreign-currency loans as the main reasons for the economy … process with its new president. A Lucasian regime change is expected in the Hungarian economy. …
Persistent link: https://www.econbiz.de/10011258999
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TARGET2 imbalances and the need for a lender of last resort
Astarita, Caterina; Purificato, Francesco - Volkswirtschaftliche Fakultät, … - 2013
implemented destabilized the economy as a result of a negative conjuncture and a monetary policy ineffective in reducing the …
Persistent link: https://www.econbiz.de/10011259805
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Searching for the Relative Potency of Monetary and Fiscal Policies in Selected African Countries: A Panel Data Approach to St. Louis Equation
Adeniji, Sesan; Evans, Olaniyi - Volkswirtschaftliche Fakultät, … - 2013
With the aid of the St. Louis equation, this study applies panel data technique to real variables of some selected African countries with extended data from 1970 – 2012. The outcomes support both Keynesian and monetarist positive policy assertions. The monetary base and government expenditure...
Persistent link: https://www.econbiz.de/10011259831
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El Intercambio entre Inflacion y Producto: Evidencia Empirica para Venezuela
Victor, Olivo - Volkswirtschaftliche Fakultät, … - 2005
examines this insight from Lucas’ model using annual data of the Venezuelan economy for the period 1951-2004. The motivation … insisted in stimulating the economy applying systematically very expansive fiscal and monetary policies. The results obtained … has tended to disappear in the Venezuelan economy, as nominal shocks has increased in size and variability. …
Persistent link: https://www.econbiz.de/10011259960