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Model for integrating monetary and fiscal policies to stimulate economic growth and sustainable debt dynamics
Slepov, V. A.; Burlachkov, V. K.; Danko, T. P.; Kosov, … - In: European research studies 20 (2017) 4A, pp. 457-470
Persistent link: https://www.econbiz.de/10012219454
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Public debt in the "new normal" : a Schumpeterian perspective on fiscal policy
Bofinger, Peter - 2022
's growth theory shows that credit-financed investment, which leads to an innovative use of existing resources, plays a decisive … neoclassical theory, which assigns the state merely the role of a capital destroyer. But it also offers a broader perspective than … that of monetary Keynesian theory, including MMT, in which government debt is seen to serve only to produce full employment …
Persistent link: https://www.econbiz.de/10013466735
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Optimal public debt threshold for Nepal
Prasai, Laxmi Prasad - 2024
Persistent link: https://www.econbiz.de/10015061820
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Fiscal policy, sovereign debt and economic growth in SADC economies : a panel vector autoregression analysis
Makhoba, Bongumusa Prince; Kaseeram, Irrshad - In: Cogent economics & finance 10 (2022) 1, pp. 1-12
This study estimates a Panel Vector Autoregressive (PVAR) approach to analyse the impact of fiscal policy and public debt on economic growth in Southern African Developing Communities (SADC). The study further estimated the fixed effects (FE) and random effects (RE) to verify the robustness of...
Persistent link: https://www.econbiz.de/10013402174
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Fiscal sustainability using growth-maximizing debt targets
Checherita-Westphal, Cristina; Hughes Hallett, Andrew; … - In: Applied economics 46 (2014) 4/6, pp. 638-647
Persistent link: https://www.econbiz.de/10010358739
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The impact of budget deficit, public debt and education expenditures on economic growth in Poland
Konopczynskí, Michał - In: Acta oeconomica : periodical of the Hungarian Academy … 71 (2021) 1, pp. 59-84
Persistent link: https://www.econbiz.de/10012800849
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An Inverted U-Shaped Relationship between Public Debt and Economic Growth under the Golden Rule of Public Finance
Ueshina, Mitsuru; Nakamura, Tamotsu - In: Theoretical economics letters 9 (2019) 6, pp. 1792-1803
Persistent link: https://www.econbiz.de/10012239686
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Human capital formation and public debt : growth and welfare effects of three different deficit policies
Greiner, Alfred - In: Journal of economic policy reform 19 (2016) 4, pp. 369-385
Persistent link: https://www.econbiz.de/10011687063
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Price stability and debt sustainability under endogenous trend growth
Schmöller, Michaela; McClung, Nigel - 2024
This paper studies price stability and debt sustainability when the real rate exceeds trend growth (r g) in a New Keynesian model with endogenous technology growth through R&D. Under debt-stabilizing ("passive") fiscal policy the Taylor principle is not sufficient for determinacy. Instead,...
Persistent link: https://www.econbiz.de/10014457581
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Government spending, aggregate demand, and economic growth
Dutt, Amitava Krishna - In: Review of Keynesian economics 1 (2013) 1, pp. 105-119
Persistent link: https://www.econbiz.de/10009716304