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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

Dynamic inefficiency and fiscal interventions in an economy with land and transaction costs

Hellwig, Martin - 2020

The paper contributes to the discussion on whether real interest rates smaller than real growth rates can be taken as evidence of dynamic in- efficiency that calls for scal interventions. A seemingly killing objection points to the presence of land, a non-produced durable asset whose value...

Persistent link: https://www.econbiz.de/10012175416

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

Fiscal rules and the effectiveness of monetary policy : estimates for a large emerging economy

Anjos, Daniel Pereira dos; Moreira, Ricardo Ramalhete - In: Revista brasileira de economia : RBE ; publicação de … 77 (2023), pp. 444-466

Persistent link: https://www.econbiz.de/10014279758

Income distribution and economic cycles in an open-economy supermultiplier model

Dvoskin, Ariel; Landau, Matias Torchinsky - In: Structural change and economic dynamics : SC+ED 64 (2023), pp. 273-291

Persistent link: https://www.econbiz.de/10014463945

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