expenditure, whereas in the long-run only two taxes the VAT and the personal income tax– affect it. However, it is important to … highlight that the components of private consumption expenditure are much more affected by the VAT in the both short- and long …

economic crisis that ended with the sharp devaluation at the beginning of 2002. …

main sources of economic uncertainty: Unemployment Risk, Fiscal Policy Uncertainty and Financial Crisis-Investment risk. We … rates. We found that household savings rate reacts in response to fiscal and unemployment shocks differently in each country …

competitiveness. The emphasis on tough fiscal measures - rather than the need for more stringent regulatory financial reforms is also …

A numerical example of privately issued money is used to illustrate the fiscal theory of the price level, and to show … that the fiscal theory is best understood as a subset of the backing theory of money. Government issuance of money or debt … sufficiently tough central bank, and to criticize the view that fiscal policies affect inflation through their wealth effects. …

This study empirically examines the effect of monetary, fiscal and trade policy on economic growth in Pakistan using … monetary, fiscal and trade policy respectively. Cointegration and error correction model indicate the existence of positive … significant long run and short run relationship of monetary and fiscal policy with economic growth. Result also indicates that …

This study empirically examines the effect of monetary, fiscal and trade policy on economic growth in Pakistan using … monetary, fiscal and trade policy respectively. Cointegration and error correction model indicate the existence of positive … significant long run and short run relationship of monetary and fiscal policy with economic growth. Result also indicates that …

consequences in the economy would be, at least, very complicated. Analyzing the fiscal accounts and the relationship between … -commercial and fiscal- are highly dependent on the international price of the raw materials is alarming. Argentina’s increasing …