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搜索结果: 1-15 共查到理论经济学 fiscal policy相关记录15条 . 查询时间(0.078 秒)
In 1992, President Bush proposed legislation intended to speed up the recovery from the 1990-91 recession. Congress rejected this proposal for countercyclical fiscal policy stimulus. In early 1993 P...
A decade ago in a paper, “Reassessing Discretionary Fiscal Policy,” published in the Journal of Economic Perspectives, I concluded that “in the current context of the US economy, it seems best to ...
This lecture starts with a review of historical trends in the balance between rules and discretion: first toward more discretionary policies in the 1960s and 1970s; second toward more rules-based po...
We use responses to survey questions in the 2010 Italian Survey of Household Income and Wealth that ask consumers how much of an unexpected transitory income change they would consume. We find tha...
The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spendin...
We study optimal fiscal policy in a small open economy (SOE) with sovereign and private default risk and limited commitment to tax plans. The SOE's government uses linear taxation to fund exogenous ex...
This paper presents a political economy theory of scal policy and unemployment. The underlying economic model is one in which unemployment can arisebut can be mitigated by tax cuts and public ...
This paper provides an alternative view to the new consensus approach, from the standpoint of the monetary theory of production. It is shown that output growth is demand driven, so that fiscal policie...
his paper examines the implications of forward- and backward-looking monetary policy rules in an environment with monetary–fiscal interactions. We find that the unique stationary rational expectations...
The European Monetary Union raises new and interesting questions about the coordination of monetary and fiscal policy. In this lecture, I discuss some of these questions and the answers that a new cla...
In the last few years papers have begun to analyse optimal monetary and fiscal policy in models incorporating nominal rigidities where social welfare is derived from the utility of agents. This articl...
This paper explores the implications of the political economy model of Battaglini and Coate (2008) for the behavior of scal policy over the business cycle. The model predicts that fisca...
The Institute for Fiscal Studies has hosted an ESRC research centre since 1991. Following an open competition for research funding, the ESRC decided to renew Centre funding from April 2005 for a perio...
Dealing with out-of-equilibrium behaviors of economic agents is necessary to fill in the gaps in the controversy surrounding the admissibility of the fiscal theory of the price level (FTPL). Incorpor...
We describe a theory of the collective choice of scal policy in dynamic economies that are subject to aggregate shocks. The theory incorporates realistically complex policy spaces, rational f...

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