Showing 1 - 10 of 6,791
Persistent link: https://www.econbiz.de/10005607499
This paper focuses on post-crisis fiscal priorities in the ASEAN-5 economies - Indonesia, Malaysia, Philippines, Singapore and Thailand. Sound economic fundamentals and timely and forceful policy responses to the crisis, including fiscal stimulus, contributed to rapid economic recovery in the...
Persistent link: https://www.econbiz.de/10008727808
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...
Persistent link: https://www.econbiz.de/10005824863
This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
Persistent link: https://www.econbiz.de/10005590857
Using disaggregated data for the United States, this paper explores the effects of the variability of fiscal and monetary policy shocks. Higher variability of government spending shocks around a steady-state growth trend results, on average, in a decline in aggregate demand growth and inflation,...
Persistent link: https://www.econbiz.de/10005605122
variety of fiscal instruments (tax and expenditure), consolidation durations, assumptions about credibility, and monetary …
Persistent link: https://www.econbiz.de/10008876577
Persistent link: https://www.econbiz.de/10005056410
January 1919 to December 1994; The tax-loss selling hypothesis and the omitted risk factor hypothesis. We document … six different tax regimes where capital gains and losses are treated differently, and test whether tax regime changes have … an influence on the January effect. Price pressures and rebounds implied by the tax-loss selling hypothesis are also …
Persistent link: https://www.econbiz.de/10005471855
Статья посвящена проблеме терминологической определенности таких понятий, как «риски в сфере налогообложения» и «налоговые риски». Анализируются определения...
Persistent link: https://www.econbiz.de/10011221772
This paper explores the optimal design of subsidies for hiring unemployed workers (?employment vouchers? for short) in the context of a dynamic model of the labor market. Focusing on the short-term and long-term effects of the vouchers on employment and unemployment, the analysis shows how the...
Persistent link: https://www.econbiz.de/10008520261