Narrow search
Showing 1 - 10 of 282,548
Cover Image
Forecasting and policy making
Wieland, Volker; Wolters, Maik H. - 2012
Persistent link: https://www.econbiz.de/10010394237
Cover Image
Do fiscal rules matter? : a survey on recent evidence
Brändle, Thomas; Elsener, Marc - 2023
Fiscal rules are argued to be important for sound and sustainable fiscal policies and have been increasingly adopted over the last 20 years. However, as increased fiscal pressure and fiscal risks urge countries to address the public debt legacy left by recent economic crises, fiscal rules come...
Persistent link: https://www.econbiz.de/10014343085
Cover Image
Implementing the golden rule for public investment in Europe : safeguarding public investment and supporting the recovery
Truger, Achim - 2015
Most parts of the Euro area have seen seven years of deep economic crisis. The strategy of tightening the fiscal constraints of the SGP has driven many member states into austerity. In contrast, the golden rule of public investment proposed in this study would be one important element of the...
Persistent link: https://www.econbiz.de/10011336549
Cover Image
The Cyclical Response of Fiscal Policies in the Euro Area : Why Do Results of Empirical Research Differ So Strongly?
Momigliano, Sandro - 2008
Whether discretionary fiscal policies in industrialized countries act counter- or pro-cyclically and whether their reaction is symmetric or asymmetric over the cycle are still largely unsettled questions. This uncertainty remains even when attention is restricted to euro-area countries, where...
Persistent link: https://www.econbiz.de/10012725080
Cover Image
Theoretical and practical approaches to fiscal consolidation : the experience of Romania
Leonida, Ionel - In: Financial studies 22 (2018) 2, pp. 65-76
Fiscal consolidation is a traditional concern, we can say at the European institutional level, ratified and gradually taken over by the member countries, implemented through the Stability and Growth Pact, and enshrined in the Treaty of Maastricht, which is part of the permanent bailouts of...
Persistent link: https://www.econbiz.de/10011964952
Cover Image
Monetary-fiscal policies interactions and optimal rules in Egypt
Al-Shawarby, Sherine H.; Mossallamy, Mai el - In: Review of economics and political science : REPS 4 (2019) 2, pp. 138-157
Purpose - This paper aims to estimate a New Keynesian small open economy dynamic stochastic general equilibrium (DSGE) model for Egypt using Bayesian techniques and data for the period FY2004/2005:Q1-FY2015/2016:Q4 to assess monetary and fiscal policy interactions and their impact on economic...
Persistent link: https://www.econbiz.de/10012159965
Cover Image
Enhancing the role of fiscal policy in New Zealand's macroeconomic stabilisation
Bernstein, Jenna; Gaukrodger, Ben; Parkyn, Oscar - 2024
This paper considers the role of fiscal policy in New Zealand's macroeconomic stabilisation. New Zealand's macroeconomic framework is characterised by an institutional arrangement whereby monetary policy has the primary responsibility for macroeconomic stabilisation. In contrast, fiscal policy...
Persistent link: https://www.econbiz.de/10015052086
Cover Image
The Cyclical Response of Fiscal Policies in the Euro Area – Why Do Results of Empirical Research Differ so Strongly?
Golinelli, Roberto - 2012
Whether discretionary fiscal policies in industrialized countries act counter- or pro-cyclically and whether their reaction is symmetric or asymmetric over the cycle are still largely unsettled questions. This uncertainty perdures when attention is restricted to euro-area countries, where these...
Persistent link: https://www.econbiz.de/10013110799
Cover Image
Fiscal policy in the macroeconomic policy mix : a critique of the new consensus model and a comparison of macroeconomic policies in France, Germany, the UK and Sweden from a post-K...
Hein, Eckhard; Truger, Achim - 2008
von Löhnen und der Lohnpolitik und wegen seiner kompletten Vernachlässigung der stabilisierenden Rolle der Finanzpolitik …. Aus Post-Keynesianischer Sicht wird gezeigt, dass die Finanzpolitik eine wichtige Rolle für die makroökonomische … Entwicklung spielt, wenngleich immer auch der gesamte makroökonomische Politik-Mix aus Geld-, Lohn- und Finanzpolitik sowie die …
Persistent link: https://www.econbiz.de/10003744540
Cover Image
A new comparative approach to macroeconomic modeling and policy analysis
Wieland, Volker; Cwik, Tobias; Müller, Gernot J.; … - 2012
In the aftermath of the global financial crisis, the state of macroeconomicmodeling and the use of macroeconomic models in policy analysis has come under heavy criticism. Macroeconomists in academia and policy institutions have been blamed for relying too much on a particular class of...
Persistent link: https://www.econbiz.de/10010391307