We estimate the impact of fiscal stimulus measures enacted in response to COVID-19 on U.S. GDP, investment and exports. We apply a dynamic computable general equilibrium model adept at estimating total direct and indirect effects and their time-path. Initial stimulus bills, including the CARES...

This paper describes the main trends of Brazil's fiscal policy during the last decade and analyzes: (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...

The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...

This paper intends to examine the impact of fiscal policy implementation on GDP growth of Afghanistan for the period of 2003 to 2019, and the Autoregressive Distributed Lags (ARDL) model has been used to estimate its coefficients. It is mentionable that, to identify the qualifications of time...