Similar Search Results

Macroeconomic volatilities and the labor market : first results from the euro experiment

Merkl, Christian; Schmitz, Tom - In: European journal of political economy 27 (2011) 1, pp. 44-60

Persistent link: https://www.econbiz.de/10009260158

Fiscal Policy and Growth in Developing Asia

Abdon, Arnelyn - 2014

In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The region's overall level of taxes and government spending are substantially lower than those prevailing in advanced economies. Nevertheless, there are conceptual grounds why...

Persistent link: https://www.econbiz.de/10013044897

Fiscal Policy and Inclusive Growth in Latin America : Lessons for Asia

Lee, Sang-Hyop - 2014

Broadly speaking, developing Asia and Latin America are at similar income and development levels. Relative to the advanced economies, economic growth and development are much more urgent priorities for both, yet Latin America has significantly more experience in using fiscal policy to tackle...

Persistent link: https://www.econbiz.de/10013045113

Fiscal Policy for Inclusive Growth : An Overview

Estrada, Gemma Bolotaulo - 2015

In recent years, inequality has risen in the region alongside rapid economic growth. The widening income gap strengthens the case for a government response, and fiscal policy is one of the most suitable policy instruments to promote a more equitable society that provides opportunities for all....

Persistent link: https://www.econbiz.de/10013029043

Fiscal Policy and Inclusive Growth in Advanced Countries : Their Experience and Implications for Asia

Heshmati, Almas - 2015

Advanced economies have a significantly longer history of using fiscal policy to tackle inequality and promote inclusive growth than those in developing Asia. Therefore, as developing Asia explores the more active use of fiscal policy for inclusive purposes, it can learn from the experiences of...

Persistent link: https://www.econbiz.de/10013029050

Unemployment accounts and employment incentives

Brown, Alessio J. G.; Orszag, Jonathan Michael; Snower, … - In: European journal of political economy 24 (2008) 3, pp. 587-604

Persistent link: https://www.econbiz.de/10003791044

Debt and Depth of Recessions

Park, Donghyun - 2020

This paper empirically investigates the relationship between the speed of buildup of private debt (household and corporate) and the depth of recessions. To do this, we differentiate between financial recessions and normal recessions on the basis of how quickly their private debt builds up. In...

Persistent link: https://www.econbiz.de/10012835374

A reappraisal of the inflation-unemployment tradeoff

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - In: European journal of political economy 21 (2005) 1, pp. 1-32

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …

Persistent link: https://www.econbiz.de/10010313770

Did Fiscal Stimulus Lift Developing Asia Out of the Global Crisis? A Preliminary Empirical Investigation

Hur, Seok-Kyun - 2010

Developing Asia has weathered the global economic crisis well and is experiencing a rapid, robust V-shaped recovery. According to conventional wisdom, the fiscal stimulus packages put in place by the region's governments played a key role in the region's superior postcrisis performance. The...

Persistent link: https://www.econbiz.de/10013137371

Fiscal Space and Increasing Fiscal Resilience

Aizenman, Joshua - 2020

The paper compares fiscal cyclicality across regions and countries from 1960 to 2016. It finds that more than half of 170 countries analyzed in seven regions had, in more recent years, limited fiscal space, and that their fiscal policy was either cyclical or procyclical. This was particularly...

Persistent link: https://www.econbiz.de/10012835368