In recent years, there have been lots and lots of debates, discussions, arguments and research papers on the perennial topic of fiscal stimulus (aka Keynesian economics) on the recovery. The key ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are ...
2024 JUL 26 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- New research on Economics - Economics and Statistics is the subject of a report. According to news reporting ...
This is a preview. Log in through your library . Abstract Standard business cycle models have difficulties generating large, state-dependent fiscal multipliers. Employing a model of costly financial ...
The OECD just published its November 2016 Global Economic Outlook. Its projections suggest an acceleration of global growth rates in particular in countries with plans for a fiscal expansion. In the ...
Should fiscal policy be used to fight recessions? Most economists would answer that, for normal economic ups and downs, business cycle stabilization should be left to monetary policy and that fiscal ...
The economic theory driving the $800 billion Obama stimulus holds that government spending has a multiplier, especially during tough economic times. For every $1 of spending, overall GDP increases by ...
A key to designing fiscal policy is understanding how government purchases affect economic output overall. Research suggests that expanding government spending is not very effective at stimulating an ...
IN THE SPRING America passed economic-rescue measures worth $2.3trn this year (11% of GDP), a larger injection than in any other big, rich country. With a slowing economy, almost everyone agrees that ...
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