evidence of technology transfers, productivity spillovers, wage effects, macroeconomic growth, and fiscal and tax concerns … are applicable to FDI research on the financial sector. This paper summarizes the main findings and policy themes of FDI …

This paper quantifies the effects of two short-run fiscal policies, a temporary tax cut and a temporary rebate transfer … marginally. Both policies improve the overall welfare of households, and the rebate policy especially benefits low …-income households. In the long run, however, the debt accumulated to finance the stimulus and a higher tax to service the debt can crowd …

“passive” monetary policy and “active” fiscal policy. This policy configuration is argued to be of both historical and … rate pegs in combination with active fiscal policies almost always ensure macroeconomic stability. This finding suggests … that in periods where the zero lower bound on nominal interest rates is a relevant constraint on policy design, a switch in …

). Our findings are an important step in understanding how recessions and fiscal policy affect school finances and inform … future policy decisions relating to school finances during fiscal crises. …