Research results have shown that government expenditure stimulates local economies more strongly than investment expenditure in the short term. This implies that in fiscal policy aimed at short-term ...
As I pointed out in my last piece, federal health-related tax expenditures have grown explosively over the past 50 years. I am using this post to dive a little deeper into the details and explain how ...
This paper incorporates the productivity role of government expenditure into the imperfectly competitive macroeconomic model and re-examines the important findings on the fiscal multiplier proposed by ...
When one shops locally, a significant portion of that money stays right here in Southwest Louisiana, creating a powerful ...
Public spending is too often justified on the basis of creation of jobs. And more often than not - there will be a reference to some number of jobs to be created. This number represents the 'new' ...
Journal of Money, Credit and Banking, Vol. 50, No. 4 (June 2018), pp. 789-815 (27 pages) This paper examines whether fiscal stimuli are more effective when the monetary policy is less responsive to ...
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Goldman Sachs sees India hitting deficit target
“Goldman Sachs anticipates the central government will meet its FY26 fiscal deficit target of 4.4% of GDP by curtailing capital expenditure. This measure is expected to offset anticipated shortfalls ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We construct unanticipated government spending shocks for 103 developing countries from 1990 to 2015 and study their ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We jointly estimate credit and fiscal multipliers in China. We use the tenure of the provincial party secretary, interacted ...
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