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relevant to its effectiveness, with expenditure-based plans being less contractionary (or even expansionary) than tax … expenditure ratio and for the public debt interest rate. Overall, our results support the likelihood of less disciplined fiscal …
Persistent link: https://www.econbiz.de/10013531933
Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will...
Persistent link: https://www.econbiz.de/10014400893
Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will...
Persistent link: https://www.econbiz.de/10012775962
Persistent link: https://www.econbiz.de/10014487456
activism. These perspectives include extended loanable funds analysis, an expenditure-output related model incorporating money …
Persistent link: https://www.econbiz.de/10011849515
activism. These perspectives include extended loanable funds analysis, an expenditure-output related model incorporating money …
Persistent link: https://www.econbiz.de/10012397638
Fiscal policy in the Euro area is still dominated by austerity measures implemented under the institutional setting of the 'reformed' stability and growth pact, and the even stricter 'fiscal compact'. At the same time, calls for a more expansionary fiscal policy to overcome the economic crisis...
Persistent link: https://www.econbiz.de/10010424293
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