Fiscal policy reaction to the cycle in the OECD: pro- or counter-cyclical?
نویسندگان
چکیده
منابع مشابه
Fiscal Transparency and Fiscal Policy Outcomes in Oecd Countries
It is widely believed and often argued that budget process transparency has large, positive effects on fiscal performance. However, the evidence linking transparency and fiscal policy outcomes is far from compelling. We modify the "debt as precommitment" model of Alesina and Tabellini (1990) by allowing for budget inertia and reputational costs. These modest changes produce an equilibrium level...
متن کاملthe u.s. policy in central asia and its impact on the colored revolutions in the region (the case study of tulip revolution in kyrgyzstan)
چکیده ندارد.
15 صفحه اولWhy Do More Polarized Countries Run More Pro-cyclical Fiscal Policy?∗
We study the cyclical behavior of fiscal policy to explain why some countries exhibit pro-cyclical fiscal policy stances–being expansionary in good times and contractionary in bad times. We develop a model that links the polarization of preferences over fiscal spending to the pro-cyclicality bias. We then present evidence that social polarization as measured by income inequality and educational...
متن کاملAssessing the Pro-poorness of Government Fiscal Policy in Thailand
This paper proposes a m ethodology to assess the pro-poorness of governm ent fiscal policies in view of bringing m arginal reform s. A governm ent policy is said to be pro-poor if it benefits the poor proportionally m ore than the non-poor. The author first derives the poverty elasticity for the general class of poverty. Then, using the idea of poverty elasticity, she proposes a propoor index t...
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: Mondes en développement
سال: 2014
ISSN: 0302-3052,1782-1444
DOI: 10.3917/med.167.0035