This paper estimates the macroeconomic effects of fiscal consolidations in sub-Saharan Africa using a newly constructed ...
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 ...
Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are used to estimate fiscal multipliers by policy instrument for Bolivia, to ...
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 ...
Robust GDP figures conceal weak private capex, subdued household demand — hit by real income pressures and subsidy ...
The United States has implemented large-scale fiscal policy measures to help households and businesses cushion the economic fallout from the COVID-19 pandemic and to strengthen the recovery. The ...
Vaidas Urba and Mark Sadowski directed me to an Evan Soltas post, discussing recent research on fiscal multipliers: I have been doing some reading for my undergraduate thesis, which looks at the role ...
We study how international labor mobility interacts with fiscal policy and skills mismatch. We develop a small open economy model featuring heterogeneous households, endogenous migration decisions, ...
Monetary and fiscal policy respond to economic conditions, with the appropriate response dependent on the balance of supply and demand in goods and services markets and capital markets. Monetary ...
The stimulus effects of expansionary fiscal policy under average inflation targeting (AIT) depends on both monetary and fiscal policy regimes. AIT features an inflation makeup under the monetary ...