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Markov-perfect optimal fiscal policy : the case of unbalanced budgets

Ortigueira, Salvador (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003648112

Fiscal policy and saving under distortionary taxation

Dahan, Momi; Hercowitz, Zvi - 1996

Persistent link: https://www.econbiz.de/10000941933

Fiscal Policy and Private Sector Saving Behavior : Tests of Ricardian Equivalence in Some Developing Economies

International Monetary Fund - 1987

Tax or debt financing of a given rate of government expenditures would, according to the now well-known Ricardian Equivalence proposition, have equivalent effects on aggregate demand. Among the reasons for a deviation from the equivalence is the possibility that the government and the private...

Persistent link: https://www.econbiz.de/10014396483

Optimal Fiscal Policy and Government Provision of Contingent Liabilities : The Example of Government Loan and Deposit Guarantees

International Monetary Fund - 1989

sector’s loan portfolio to eliminate risk, full government guarantee of private sector loans (or deposits) is suboptimal. The …

Persistent link: https://www.econbiz.de/10014395814

National Savings and Targets for the Federal Budget Balance in the United States

International Monetary Fund - 1989

The U.S. national savings rate has declined in the 1980s, with both public and private components falling. This paper … discusses that decline and whether a policy response is needed. The drop in the private savings rate appears to reflect factors … national savings. Illustrative calculations based on two alternative frameworks indicate that a net national saving rate …

Persistent link: https://www.econbiz.de/10014395902

Fiscal Transparency, Accountability, and Risk

International Monetary Fund - 2012

This paper surveys that state of fiscal transparency in the wake of the current crisis and looks at what can be done to improve it. It examines the relationship between fiscal transparency and fiscal outcomes; reviews progress in promoting greater fiscal transparency over the past decade; considers...