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Author :
Publisher :
ISBN 13 :
Total Pages : 157 pages
Book Rating : 4.:/5 (441 download)
Download or read book Fiscal Policy in an Era of Surpluses written by and published by . This book was released on 2000 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jagadeesh Gokhale
Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (481 download)
Download or read book Fiscal Policy in an Era of Surpluses written by Jagadeesh Gokhale and published by . This book was released on 2001 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 172 pages
Book Rating : 4.:/5 (318 download)
Download or read book Fiscal Policy in an Era of Surpluses written by and published by . This book was released on 2000 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gary Gensler
Publisher :
ISBN 13 :
Total Pages : 3 pages
Book Rating : 4.:/5 (129 download)
Download or read book Keynote Address written by Gary Gensler and published by . This book was released on 2006 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remarks delivered at the December 1999 conference quot;Fiscal Policy in an Era of Surpluses: Economic and Financial Implicationsquot;, sponsored by the Federal Reserve Bank of New York.
Author :
Publisher :
ISBN 13 :
Total Pages : 157 pages
Book Rating : 4.:/5 (247 download)
Download or read book Fiscal Policy in an Era of Surpluses written by and published by . This book was released on 2000 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.E/5 ( download)
Download or read book Budget Surpluses written by United States. General Accounting Office and published by . This book was released on 1999 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)
Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author : Mr.Max Alier
Publisher : International Monetary Fund
ISBN 13 : 1451846398
Total Pages : 30 pages
Book Rating : 4.4/5 (518 download)
Download or read book Nonrenewable Resources written by Mr.Max Alier and published by International Monetary Fund. This book was released on 1999-03-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines whether there is a case for temporary but persistent fiscal surpluses in economies heavily endowed with nonrenewable resources. It finds that there generally is a case. Fiscal surpluses permit replacing nonfinancial wealth with financial assets, the return on which increases public consumption possibilities of future generations for a constant across-generation tax burden. The more biased are a government’s preferences toward present generations, the lower will be the initial surpluses; the larger the finite endowment, the larger the initial surpluses. In a more general framework, including public investment, the proposition could be rephrased by replacing surpluses with stronger initial fiscal positions.
Author : Alan J. Auerbach
Publisher :
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4.:/5 (129 download)
Download or read book Formation of Fiscal Policy written by Alan J. Auerbach and published by . This book was released on 2006 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: A paper presented at the December 1999 conference quot;Fiscal Policy in an Era of Surpluses: Economic and Financial Implicationsquot;, sponsored by the Federal Reserve Bank of New York.
Author : Guillermo E. Perry
Publisher : World Bank Publications
ISBN 13 : 0821370855
Total Pages : 354 pages
Book Rating : 4.8/5 (213 download)
Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo E. Perry and published by World Bank Publications. This book was released on 2007-10-19 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
Author : Richard Hemming
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)
Download or read book The Effectiveness of Fiscal Policy in Stimulating Economic Activity written by Richard Hemming and published by International Monetary Fund. This book was released on 2002-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
Author : Mr.Paolo Mauro
Publisher : International Monetary Fund
ISBN 13 : 1616358777
Total Pages : 53 pages
Book Rating : 4.6/5 (163 download)
Download or read book A Modern History of Fiscal Prudence and Profligacy written by Mr.Paolo Mauro and published by International Monetary Fund. This book was released on 2013-01-09 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: We draw on a newly collected historical dataset of fiscal variables for a large panel of countries—to our knowledge, the most comprehensive database currently available—to gauge the degree of fiscal prudence or profligacy for each country over the past several decades. Specifically, our dataset consists of fiscal revenues, primary expenditures, the interest bill (and thus both the primary and the overall fiscal deficit), the government debt, and gross domestic product, for 55 countries for up to two hundred years. For the first time, a large cross country historical data set covers both fiscal stocks and flows. Using Bohn’s (1998) approach and other tests for fiscal sustainability, we document how the degree of prudence or profligacy varies significantly over time within individual countries. We find that such variation is driven in part by unexpected changes in potential economic growth and sovereign borrowing costs.
Author : Allen Schick
Publisher : Brookings Institution Press
ISBN 13 : 0815777329
Total Pages : 362 pages
Book Rating : 4.8/5 (157 download)
Download or read book The Federal Budget written by Allen Schick and published by Brookings Institution Press. This book was released on 2008-05-31 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal budget impacts American policies both at home and abroad, and recent concern over the exploding budgetary deficit has experts calling our nation's policies "unsustainable" and "system-dooming." As the deficit continues to grow, will America be fully able to fund its priorities, such as an effective military and looking after its aging population? In this third edition of his classic book The Federal Budget, Allen Schick examines how surpluses projected during the final years of the Clinton presidency turned into oversized deficits under George W. Bush. In his detailed analysis of the politics and practices surrounding the federal budget, Schick addresses issues such as the collapse of the congressional budgetary process and the threat posed by the termination of discretionary spending caps. This edition updates and expands his assessment of the long-term budgetary outlook, and it concludes with a look at how the nation's deficit will affect America now and in the future. "A clear explanation of the federal budget... [Allen Schick] has captured the politics of federal budgeting from the original lofty goals to the stark realities of today."—Pete V. Domenici, U.S. Senate
Author : Rudolph G. Penner
Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (129 download)
Download or read book Distinguished Address written by Rudolph G. Penner and published by . This book was released on 2006 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remarks delivered at the December 1999 conference quot;Fiscal Policy in an Era of Surpluses: Economic and Financial Implicationsquot;, sponsored by the Federal Reserve Bank of New York.
Author : Paul B. Bennett
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (129 download)
Download or read book Enhancing the Liquidity of U.S. Treasury Securities in an Era of Surpluses written by Paul B. Bennett and published by . This book was released on 2006 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: A paper presented at the December 1999 conference quot;Fiscal Policy in an Era of Surpluses: Economic and Financial Implicationsquot;, sponsored by the Federal Reserve Bank of New York.
Author : Robert J. Barro
Publisher : Kingston, Ont. : Institute for Economic Research, Queen's University
ISBN 13 : 9783925357558
Total Pages : 36 pages
Book Rating : 4.3/5 (575 download)
Download or read book The Ricardian Approach to Budget Deficits written by Robert J. Barro and published by Kingston, Ont. : Institute for Economic Research, Queen's University. This book was released on 1988 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Persistent budget deficits have increased economists' interest in theories and evidence about fiscal policy. This paper develops the Ricardian approach and contrasts it with standard models. The discussion considers from major theoretical objections to Ricardian equivalence-finite lifetimes, imperfect capital markets, uncertainty about future taxes and incomes, and the distorting effects of taxation Then the paper considers empirical evidence on interest rates, consumption and saving, and current-account deficits. The conclusion is that the Ricardian approach is a useful first-order approximation, and that this approach will probably become the benchwork model for assessing fiscal policy.
Author : Louis M. Imbeau
Publisher : Lexington Books
ISBN 13 : 9780739107515
Total Pages : 256 pages
Book Rating : 4.1/5 (75 download)
Download or read book Politics, Institutions, and Fiscal Policy written by Louis M. Imbeau and published by Lexington Books. This book was released on 2004 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why, in the last decades of the twentieth century, did industralized nations witness recurring vast public deficits, even in times of peaceful international relations and economic growth? The essays in Politics, Institutions, and Fiscal Policy chart answers sought by economists, political scientists, and government officials. This groundbreaking book looks at states within five industrialized federations--Canadian provinces, Swiss cantons, Belgian regions, German l nder, and American states--as case studies of variation in budget balances since 1980. The work's conclusion compares deficit levels between the federations studied. Politics, Institutions, and Fiscal Policy sheds new light on the role of such factors as spending and taxation levels and electoral and partisan cycles within the budget balancing process. Neatly written and theoretically grounded, this volume contributes greatly to our understanding of public finance and public administration.
