Showing 1 - 10 of 143
final high-growth scenario explores requirements and consequences for Pakistan's economy if, during the period 2013-2022, it …
Persistent link: https://www.econbiz.de/10012974067
Using a new tax database for 28 countries and a variety of econometric methods, this paper contributes to the debate on the effects of fiscal policy on economic activity in a number of ways. The analysis finds that tax cuts have a stimulative effect on economic growth in developing countries....
Persistent link: https://www.econbiz.de/10012975998
The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...
Persistent link: https://www.econbiz.de/10012747922
, and natural resource dependence. In line with the political economy literature, the perception of corruption, social … management perspective, procyclical bias is still present, but there are significant changes: most of the political economy …
Persistent link: https://www.econbiz.de/10012865086
This paper provides an overview, macro application, and detailed documentation of GEM-Core, a dynamic computable general equilibrium (CGE) model designed for medium- and long-run policy analysis. GEM stands for General Equilibrium Model. GEM-Core can address the issues that typically are...
Persistent link: https://www.econbiz.de/10012931657
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
Persistent link: https://www.econbiz.de/10012865507
This note provides two analytical frameworks for understanding the role of trade in promoting inclusive growth in developing economies. A working definition of inclusive growth focuses on long-term, sustained growth associated with productivity growth and employment opportunities for broad...
Persistent link: https://www.econbiz.de/10012975604
In recent years, few authors have attempted to address the question of whether the state of the economy influences the … impact of fiscal policy on the economy. Key findings have often indicated that expansionary fiscal intervention tends to be … more effective when the economy is in a downturn. This favorable impact is more pronounced with an increase in government …
Persistent link: https://www.econbiz.de/10012942459
policy shocks on the Canadian economy, building on the sign-restrictions-VAR approach. Unlike previous studies, this paper …
Persistent link: https://www.econbiz.de/10012969405
real economy dimensions in a consistent manner. The simulations suggest that, even under fairly optimistic assumptions …
Persistent link: https://www.econbiz.de/10012973513