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The Role for Discretionary Fiscal Policy in a Low Interest Rate Environment
Feldstein, Martin S. - 2021
Japan are considered …
Persistent link: https://www.econbiz.de/10013245697
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The macroeconomic policy challenges of balance sheet recession : lessons from Japan for the European crisis
Schnabl, Gunther - 2013
The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the … characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary … well as gradual real income losses, the economic policy implication for Japan and Europe is the timely exit from the …
Persistent link: https://www.econbiz.de/10009743745
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The Role for Discretionary Fiscal Policy in a Low Interest Rate Environment
Feldstein, Martin - 2002
Japan are considered …
Persistent link: https://www.econbiz.de/10012469506
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The signaling effects of fiscal announcements
Melosi, Leonardo; Morita, Hiroshi; Zanetti, Francesco - 2022
Fiscal announcements may transfer information about the government's view of the macroeconomic outlook to the private sector, diminishing the effectiveness of fiscal policy as a stabilization tool. We construct a novel dataset that combines daily data on Japanese stock prices with narrative...
Persistent link: https://www.econbiz.de/10013357169
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Testing for contemporary fiscal policy discretion with real time data
von Kalckreuth, Ulf; Wolff, Guntram B. - 2007
We propose a method for indentifying discretionary fiscal policy with real time data. The starting point is the observation that automatic stabilizers should depend on true GDP, while discretionary fiscal policy depends on the information that policy makers have in real time. We approximate the...
Persistent link: https://www.econbiz.de/10010295861
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Makroökonomisches Economic Governance: Makro-Dialoge auf nationaler und EU-Ebene
Heise, Arne - 2003
Persistent link: https://www.econbiz.de/10010298483
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How to create a growth-oriented market constellation for South Africa
Heise, Arne - 2007
Post-apartheid South Africa is facing three major economic problems: (1) slack economic growth, (2) high and growing unemployment and (3) among the world's highest income inequality and poverty indices. South Africa is currently caught in a macro-economic straight-jacket of tight monetary,...
Persistent link: https://www.econbiz.de/10010298503
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Ehrbarer Staat? Die Generationenbilanz - Update 2009: Wirtschaftskrise trifft Tragfähigkeit
Moog, Stefan; Raffelhüschen, Bernd - 2009
Als Reaktion auf die globale Wirtschaftskrise hat die Bundesregierung mit einem Gesamtvolumen von über 80 Milliarden Euro das größte Konjunkturprogramm der deutschen Geschichte auf den Weg gebracht. Gleichzeitig hat sie sich damit von dem für 2011 anvisierten Ziel eines ausgeglichenen...
Persistent link: https://www.econbiz.de/10010300863
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Mit Nachfragepolitik gegen Konjunkturflaute und drohende Weltwirtschaftskrise?
Klauder, Wolfgang - In: Wirtschaftsdienst 81 (2001) 10, pp. 564-572
verbreitet auf Ablehnung. Sind die Vorbehalte gegenüber nachfragepolitischen Akzenten in der Finanzpolitik berechtigt? …
Persistent link: https://www.econbiz.de/10010302154
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Finanzpolitik: Sparen und Konsolidieren ist nicht dasselbe
Scherf, Wolfgang - In: Wirtschaftsdienst 82 (2002) 4, pp. 212-218
Argumentationsmuster die Debatte. Kaum jemand nimmt die makroökonomischen Zusammenhänge zwischen der Finanzpolitik, der …
Persistent link: https://www.econbiz.de/10010302397