Fiscal Policy Actions Ancillary to Growth: the Transition Economies
نویسندگان
چکیده
منابع مشابه
Fiscal policy in debt constrained economies
We study optimal fiscal policy in a small open economy (SOE) with sovereign and private default risk. The SOE’s government uses linear taxation to fund exogenous expenditures and uses public debt to inter-temporally allocate tax distortions. We characterize a class of environments in which the tax on labor goes to zero in the long run, while the tax on capital income may be non-zero, reversing ...
متن کاملOptimal Fiscal Policy in Debt Constrained Economies∗
We study optimal fiscal policy in a small open economy (SOE) with sovereign default risk. The SOE’s government uses linear taxation to fund exogenous expenditures and uses public debt to inter-temporally allocate tax distortions. We characterize a class of environments in which the tax on labor goes to zero in the long run, while the tax on capital income may be non-zero, reversing the standard...
متن کاملEnvironmental Policy in Transition Economies :
gratefully acknowledged. The arguments expressed in this paper and any remaining errors are, however, solely those of the author. Abstract Most economists and analysts claim that extended use of pollution charges in environmental policy will have substantial efficiency advantages in countries undergoing transition to market economies. Essentially this paper challenges this view and argues that ...
متن کاملEssays on Optimal Aid and Fiscal Policy in Developing Economies
TITLE OF DISSERTATION: ESSAYS ON OPTIMAL AID AND FISCAL POLICY IN DEVELOPING ECONOMIES Ryan Niladri Banerjee, Doctor of Philosophy, 2010 Dissertation directed by: Professor Enrique G. Mendoza Department of Economics Essay I: Which countries receive aid as insurance and why? A theory of optimal aid policy Empirical evidence shows that developing countries with opaque institutions receive procycl...
متن کاملGenerational conflict, fiscal policy, and economic growth
Worldwide, dependency ratios are forecast to increase dramatically in the next 50 years. A great deal of attention has been devoted to understanding the changes in fiscal policies that ‘‘must’’ take place to accommodate these changes and maintain desirable rates of economic growth. In contrast, less effort has been concentrated on studying the fiscal shifts that will endogenously result from de...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Ekonomika
سال: 2004
ISSN: 2424-6166,1392-1258
DOI: 10.15388/ekon.2004.17398