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Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We give an answer to … this question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 … supporting aggregate demand and improving gender gaps …
Persistent link: https://www.econbiz.de/10012001474
including gender considerations in budget programs and policies. Other arguments have a weaker economic basis but may be more … socially or politically compelling. The experience to date with ""gender budgeting,"" which entails looking at gender issues … comprehensively within the budget, has been mixed. To become more useful, gender budgeting should be integrated into budget processes …
Persistent link: https://www.econbiz.de/10014399858
Persistent link: https://www.econbiz.de/10010389567
and aggregate data provided by Vodafone for Italy, Portugal, and Spain, we find that lockdowns had a larger impact on the … a possible widening of gender and inter-generational inequality and provide important inputs for the formulation of …
Persistent link: https://www.econbiz.de/10012486075
How do policy communications on future f iscal targets af fect market expectations and beliefs about the future conduct of f iscal policy? In this paper, we develop indicators of f iscal credibility that quantify the degree to which policy announcements anchor expectations, based on the...
Persistent link: https://www.econbiz.de/10013170265
This paper jointly analyzes the optimal conduct of monetary policy, foreign exchange intervention, fiscal policy, macroprudential policy, and capital flow management. This policy analysis is based on an estimated medium-scale dynamic stochastic general equilibrium (DSGE) model of the world...
Persistent link: https://www.econbiz.de/10013170322
This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and increasingly so as fiscal deficits and public debt are...
Persistent link: https://www.econbiz.de/10012517915
We use a unique data set for 115 countries, from 2000-18, and 5-year non-overlapping averages to explore the impact of technical assitance on revenue mobilization. To the authors' knowledge this is the first such effort to determine a direct relationship between technical assistance and the...
Persistent link: https://www.econbiz.de/10012518287
We study the role that changes in credit and fiscal positions play in explaining current account fluctuations. Empirically, the current account declines when credit increases, and when the fiscal balance declines. We use a two-country model with financial frictions and fiscal policy to study...
Persistent link: https://www.econbiz.de/10012518319
The fiscal policy response to the COVID-19 shock in most LAC countries was much larger than during the GFC, suggesting fiscal space was not as tight as expected. We argue that it is feasible and desirable, though not without risks, to embark in a more gradual consolidation path than currently...
Persistent link: https://www.econbiz.de/10012518923