Fiscal Policy and Current Account Balance: An Empirical.

This paper describes the empirical regularities relating fiscal policy variables, the level of development and the rate of growth. We employ historical data, recent cross-section data, and newly constructed public investment series. Our main findings are: (i) there is a strong association between.

Empirical essays in fiscal policy - TARA.

Firstly, empirical findings show that the precise effects of fiscal policy on the current account highly depend on some crucial factors. For instance, according to the intertemporal model (Obstfeld, Rogoff, 1995), if an increase in government expenditure happens, then the trade balance will be worse only when the increase is temporary.Schoonackers, R. (2015). Empirical essays on fiscal policy, growth and consumption.Ghent University. Faculty of Economics and Business Administration, Ghent, Belgium.The effects of economic conditions and fiscal policy in trading partners on the domestic economy, in conjunction with fiscal policy in the home country, are the main object of this study. In a panel of OECD economies, we find that the cyclically-adjusted external primary deficit plays a role in determining the growth rate of the home country.


ESSAYS ON FISCAL POLICY AND ECONOMIC GROWTH BY TAMOYA A.L. CHRISTIE A Dissertation Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy in the Andrew Young School of Policy Studies of Georgia State University GEORGIA STATE UNIVERSITY 2011.Finish off the essay with a final reasoned comment e.g. There are some powerful forces (such as globalisation) driving income and wealth inequality in many societies, to what extent can fiscal policy alone reverse these factors? Strategies to increase employment in higher-skilled, emerging industries might be the most effective long term strategy?

Fiscal Policy Empirical Essay

Data and research on economy including economic outlooks, analysis and forecasts, country surveys, monetary and financial issues, public finance and fiscal policy and productivity., The OECD Economic Policy Papers series is designed to make available selected studies on structural and macro-economic policy issues of current interest. The Papers are produced in the context of the work carried.

Fiscal Policy Empirical Essay

The thesis is founded on three independent empirical essays. Each essay contributes to a distinct literature strand. The first essay assesses the sustainability of public finances in the EMU by explicitly accounting for the impact of financial markets on the dynamic fiscal policy reaction function.

Fiscal Policy Empirical Essay

Fiscal policy is superior to monetary policy, although the latter can be used to influence the effects of the former. Taxation provides the money available for spending by the government, and therefore, once the fiscal policy is applied in the economy, the monetary policy which controls the supply of money automatically follows suit.

Fiscal Policy Empirical Essay

Empirical tests are presented in the third section, and the fourth section contains the conclusion. II. The Model The theoretical model underlying the regressions is presented. Perotti’s (1993) model is used because of its thorough description of the interactions over time between redistribu-tive fiscal policy, income distribution, and.

Fiscal Policy Empirical Essay

This paper presents a review of the theoretical and empirical literature on the relationship between fiscal policy and economic activity, both in terms of long-run economic growth and short-term output fluctuations. In general, empirical evidence on these relationships is not robust and remains inconclusive.

Empirical essays on fiscal policy, growth and consumption.

Fiscal Policy Empirical Essay

Fiscal Policy vs Monetary Policy Fiscal policy is a way for the government to control the economy financially. The Federal Government sometimes partakes in actions to stimulate the economy. Fiscal Policy focuses on changing government spending, controlling inflation, encouraging economic growth, and to reach full employment.

Fiscal Policy Empirical Essay

Three Essays in Empirical and Theoretical Macroeconomics: Implications for Monetary and Fiscal Policy Inaugural-Dissertation zurErlangungdesGradeseinesDoktors.

Fiscal Policy Empirical Essay

One of the tools of fiscal policy is government spending, the initial equilibrium is represented by the point E. With increased government spending, the IS curve shifts to the right and new equilibrium is reached at point E’, with increased level of output and higher interest rate.

Fiscal Policy Empirical Essay

Fiscal Policy and Current Account Balance: An Empirical Analysis for Thailand. Research Proposal Introduction and Motivation; During the pre-2000 period, Thailand has achieved remarkable progress in developing its economy and society.

Fiscal Policy Empirical Essay

The question of whether or not fiscal policy stimulates growth has dominated theoretical and empirical debate for a long time. One viewpoint believes that government involvement in economic activity is vital for growth, but an opposing view holds that government operations.

Essay on Fiscal Policy of India - Economics Discussion.

Fiscal Policy Empirical Essay

Downloadable (with restrictions)! This study uses the fiscal expansion and consolidation experiences of the industrial countries over the period 1970 to 1995 to examine the interplay between fiscal adjustments and economic performance. A key finding is that fiscal consolidation need not trigger an economic slowdown, especially over the medium term.

Fiscal Policy Empirical Essay

This paper empirical study the effectiveness of monetary and fiscal policy instruments in stabilizing Nigerian economy from 1981 - 2015. The data were sourced from Central Bank of Nigeria, National Bureau of Statistics and World Development Index.

Fiscal Policy Empirical Essay

FISCAL POLICY AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM OECD COUNTRIES Nikos Benos University of Cyprus July 2004 Abstract: This paper decomposes public spending and tax revenue into various sub- categories and estimates the impact of each of them on economic growth.

Fiscal Policy Empirical Essay

This dissertation comprises three essays that examine critical issues in fiscal policy and tax compliance in developing countries. The first essay examines the relationship between the primary balance (revenues less primary expenditure), fiscal effort (tax revenues less primary.

Academic Writing Coupon Codes Cheap Reliable Essay Writing Service Hot Discount Codes Sitemap United Kingdom Promo Codes