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Fiscal policy, adjustment costs, and endogenous growth

Turnovsky, Stephen J. - 1994

Persistent link: https://www.econbiz.de/10000894625

Selected Euro-Area Countries : Rules-Based Fiscal Policy and Job-Rich Growth in France, Germany, Italy, and Spain-Report with Supplementary Information

International Monetary Fund - 2001

Fiscal deficits and the public debt has grown throughout much of the postwar period in most industrialized countries under the pressure of rising public expenditure, a trend that has begun to reverse after 1992. A number of studies argue that fiscal consolidation in association with expenditure...

Persistent link: https://www.econbiz.de/10014407227

Fiscal Policy and Employment in Advanced and Emerging Economies

International Monetary Fund - 2012

This paper discusses tax and expenditure policy reforms to raise employment. Using data for 58 advanced and emerging …. The focus is on incentives to increase labor demand and supply rather than on the impact of fiscal policy on employment … principles which should guide the design of country-specific fiscal reforms to boost employment. A comprehensive set of tables on …

Persistent link: https://www.econbiz.de/10014410536

Is delegating half of demand management sensible?

Rankin, Neil - 1995

Persistent link: https://www.econbiz.de/10000925839

The Design of Instruments for Government Finance in an Islamic Economy

International Monetary Fund - 1998

This paper presents perhaps the most viable approach for the design of an instrument of government finance (and monetary management) in an Islamic economy where conventional transactions based on an ex-ante promise of a risk-free rate of return are forbidden. Resources to finance government...

Persistent link: https://www.econbiz.de/10014400833

Fiscal Implications of the Global Economic and Financial Crisis

International Monetary Fund - 2009

This note reflects macroeconomic and fiscal forecasts presented with the April 2009 World Economic Outlook, as well as information on fiscal stimulus and financial and industrial sector support gathered through mid-May. It follows the request by G-20 leaders for the Fund to assess regularly the...

Persistent link: https://www.econbiz.de/10014401002

Fiscal Policy and the Current Account

International Monetary Fund - 2010

This paper examines the relationship between fiscal policy and the current account, drawing on a larger country sample than in previous studies and using panel regressions, vector autoregressions, and an analysis of large fiscal and external adjustments. On average, a strengthening in the fiscal...

Persistent link: https://www.econbiz.de/10014402866

On Fixed and Variable Fiscal Surplus Rules

International Monetary Fund - 2004

Fiscal rules are being increasingly used by both emerging and developed economies. This paper analyzes two alternative fiscal policy rules in terms of their impact on debt sustainability: a rule that fixes the ratio of primary surplus to GDP (""fixed surplus rule"") and one that sets the primary...

Persistent link: https://www.econbiz.de/10014404172

Fiscal Implications of the Global Economic and Financial Crisis

International Monetary Fund - 2009

The economic and financial crisis is affecting the fiscal accounts of virtually every country. Public sector support for the financial system, fiscal stimulus and the automatic stabilizers, as well as the revenue decline from the downturn in commodity and asset prices, are leading to sharp...

Persistent link: https://www.econbiz.de/10014404400

Coordination of Monetary and Fiscal Policies

International Monetary Fund - 1998

Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of...

Persistent link: https://www.econbiz.de/10014401884