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, we predict that the rescue package will increase the cost of the crisis for the public budget by an additional £26 …
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Broadly speaking, developing Asia and Latin America are at similar income and development levels. Relative to the advanced economies, economic growth and development are much more urgent priorities for both, yet Latin America has significantly more experience in using fiscal policy to tackle...
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This paper is the overview chapter of an edited volume on quot;The Distributional Effects of Government Spending and Taxation.quot; The paper offers the author's perspective on the government's role as a redistributive agent. Taxation and public spending programs are analyzed using the...
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The federal government enacted massive spending in the Pandemic Recession. But was this spending scaled to the magnitude of the economic downturn? We examine the responsiveness of the safety net to the Pandemic Recession and compare it to that in the Great Recession. Using monthly state-level...
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to this year's 14th biennial fiscal report card on the governors, which examines state budget actions since 2016. It uses …
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aging population. We use Thailand as a case study and incorporate its labor market structure and its public pension system … model to evaluate two schemes to raise the existing universal basic pension income to the poverty line, namely, uniform … benefits and pension-tested benefits. We find that pension-testing effectively improves the targeting efficiency, and …
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