Share

Fiscal Policy, Stabilization, and Growth

Download Fiscal Policy, Stabilization, and Growth PDF Online Free

Author :
Release : 2007-10-19
Genre : Business & Economics
Kind : eBook
Book Rating : 855/5 ( reviews)

GET EBOOK


Book Synopsis Fiscal Policy, Stabilization, and Growth by : Guillermo E. Perry

Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo E. Perry. This book was released on 2007-10-19. 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.

Fiscal Policy, Stabilization, and Growth

Download Fiscal Policy, Stabilization, and Growth PDF Online Free

Author :
Release : 2008
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Fiscal Policy, Stabilization, and Growth by : Guillermo Perry

Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo Perry. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book examines the extent of the procyclical and anti-investment biases embedded in the regions fiscal policies and their causes, macroeconomic consequences, and possible solutions.

Fiscal Policy, Stabilization, and Growth in Developing Countries

Download Fiscal Policy, Stabilization, and Growth in Developing Countries PDF Online Free

Author :
Release : 1989-06-15
Genre : Business & Economics
Kind : eBook
Book Rating : 341/5 ( reviews)

GET EBOOK


Book Synopsis Fiscal Policy, Stabilization, and Growth in Developing Countries by : Mr.Mario I. Bléjer

Download or read book Fiscal Policy, Stabilization, and Growth in Developing Countries written by Mr.Mario I. Bléjer. This book was released on 1989-06-15. Available in PDF, EPUB and Kindle. Book excerpt: Edited by Mario I. Blejer and Ke-young Chu, this book investigates linkages among components of the public sector, as well as between macro and micro aspects of fiscal policy, in developing countries. It presents 13 papers prepared by economists of the IMF's Fiscal Affairs Department.

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics

Download Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics PDF Online Free

Author :
Release : 2020-07-31
Genre : Business & Economics
Kind : eBook
Book Rating : 573/5 ( reviews)

GET EBOOK


Book Synopsis Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics by : Hassan Bougrine

Download or read book Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics written by Hassan Bougrine. This book was released on 2020-07-31. Available in PDF, EPUB and Kindle. Book excerpt: Hassan Bougrine, Louis-Philippe Rochon and the expert contributors to this book explore issues of economic growth and full employment; presenting a clear explanation to stagnation, recessions and crises, including the latest Global Financial Crisis of 2007-8. With a central focus on the role played by government spending, deficits and debt as well as the setting of interest rates, the chapters propose alternative policies that can be used by central banks and fiscal authorities to deal with problems of income inequality, unemployment and slow productivity.

Fiscal Stabilization and Growth

Download Fiscal Stabilization and Growth PDF Online Free

Author :
Release : 2017-09-05
Genre : Business & Economics
Kind : eBook
Book Rating : 72X/5 ( reviews)

GET EBOOK


Book Synopsis Fiscal Stabilization and Growth by : Sangyup Choi

Download or read book Fiscal Stabilization and Growth written by Sangyup Choi. This book was released on 2017-09-05. Available in PDF, EPUB and Kindle. Book excerpt: Medium-term growth can be enhanced by fiscal stabilization. However, to date, no systematic effort has been made to study the specific channels through which fiscal stabilization affects growth. This paper examines the effect of fiscal stabilization on industrial growth and how this effect depends on different technological characteristics. It does so by applying a difference-in-difference approach to an unbalanced panel of 22 manufacturing industries for 55 advanced and developing economies over the period 1970-2014. The results suggest that fiscal stabilization fosters growth in industries with: i) higher external financial dependence and lower asset fixity; ii) higher degree of labor intensity; iii) higher investment lumpiness and relationship-specific input usage. These effects tend to be larger during economic recessions. The results are robust to different measures of fiscal stabilization and the inclusion of various interactions between a broad set of macroeconomic variables and production technologies.

You may also like...