Similar Search Results

India’s recent macroeconomic performance : an assessment and way forward

Kapur, Muneesh; Mohan, Rakesh - 2014

Persistent link: https://www.econbiz.de/10010388634

Chand, Sheetal K. - 1992

Fiscal impulse measures are used in the WEO and elsewhere to indicate the changing impact of the budget on the economy. Such measures are intended to provide more accurate indications of whether the budget is becoming more or less expansionary than would just observing moments in the actual...

Persistent link: https://www.econbiz.de/10014395766

Fiscal Indicators for Economic Growth : Illusory Search?

International Monetary Fund - 1990

The search for ways to ensure growth while accommodating necessary expenditure cuts to correct fiscal imbalances, has often led to the advocacy of the government own savings (GOS) measure as an indicator of growth potential in fiscal adjustment. This paper critically examines the rationale of...

Persistent link: https://www.econbiz.de/10014396045

A new strategy for Korea’s fiscal policy in a low growth environment

Zoli, Edda; Wang, Hou; Laxton, Douglas; Mursula, Susanna; … - 2018

Adverse demographics and other structural weaknesses impinge on Korea's long-term fiscal outlook and potential growth …. Moreover, inadequate social protection is creating poverty and dampening consumption. The paper presents projections of Korea … potential growth and social protection. It concludes that with greater revenue mobilization, Korea can stabilize debt …

Persistent link: https://www.econbiz.de/10011852539

Getting to know GIMF : the simulation properties of the global integrated monetary and fiscal model

Anderson, Derek; Hunt, Benjamin F.; Kortelainen, Mika; … - 2013

Persistent link: https://www.econbiz.de/10009726538

Getting to Know GIMF : The Simulation Properties of the Global Integrated Monetary and Fiscal Model

Anderson, Derek - 2013

experiments, including fiscal, monetary, financial, demand, supply, and international shocks …

Persistent link: https://www.econbiz.de/10014395368

Fiscal Revenue, Inflationary Finance and Growth

Choudhry, Nurun N. - 1992

This paper analyzes the optimal rate of monetary expansion when government resorts to inflationary finance to generate additional investment for enhancing growth. If there are lags in tax collection, an increase in inflation erodes real fiscal revenue, thereby worsening the current balance while...

Persistent link: https://www.econbiz.de/10014396286

Das Public Kapital : how much would higher German public investment help Germany and the euro area?

Elekdaǧ, Selim Ali; Muir, Dirk - 2014

Persistent link: https://www.econbiz.de/10010479447

Booms, crises, and recoveries : a new paradigm of the business cycle and its policy implications

Cerra, Valerie; Saxena, Sweta Chaman - 2017

All types of recessions, on average, not just those associated with financial and political crises (as in Cerra and Saxena, AER 2008), lead to permanent output losses. These findings have far-reaching conceptual and policy implications. A new paradigm of the business cycle needs to account for...

Persistent link: https://www.econbiz.de/10011763625

India’s Recent Macroeconomic Performance : An Assessment and Way Forward

Kapur, Muneesh - 2014

The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in...

Persistent link: https://www.econbiz.de/10014411209

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