Macroeconomic effects of Catalan fiscal deficit with the Spanish state (2002–2010)
نویسندگان
چکیده
منابع مشابه
Will it hurt ? MacroeconoMic effects of fiscal consolidation
This chapter examines the effects of fiscal consolidation —tax hikes and government spending cuts—on economic activity. Based on a historical analysis of fiscal consolidation in advanced economies, and on simulations of the IMF’s Global Integrated Monetary and Fiscal Model (GIMF), it finds that fiscal consolidation typically reduces output and raises unemployment in the short term. At the same ...
متن کاملThe Macroeconomic Effects of Deficit Spending: A Review
OLLOWING the Keyrnesiari Revolution in macr-oecomnomics, a iarge numberof economists argued that deficit spending was required to achieve two of the stated national econonnic objectives: frill ennployment and a high r-ate of econonnic gr’owtln.’ Societywas thotnght to bemnefit fr-ornn deficit spendiing because of tine reduction in lost output arnd because tine econornw would achieve a higher n-...
متن کاملPredicting the Effects of New Sanctions and Evaluating Fiscal Policies in the Context of a Macroeconomic Model with Mixed-Frequency Data Sampling for the Iranian Economy Under Sanctions
In the Iranian economy, which has experienced various sanctions, it was necessary to anticipate macroeconomic variables when imposing new sanctions. On the other hand, in the context of sanctions, it is possible to make a more accurate assessment of economic policies in order to be able to respond in a timely manner to these shocks and the need for appropriate planning and security against them...
متن کاملFiscal Policy, Macroeconomic Stability and Finite Horizons
In this paper we analyse the stabilisation properties of distortionary taxes in a New Keynesian model with overlapping generations of finitely-lived consumers. In this framework, government debt is part of net wealth and this adds a number of interesting channels through which fiscal policy could affect output and inflation. Output volatility, in presence of technology shocks, is not substantia...
متن کاملThe Macroeconomic Effects of Big Fiscal Shocks: The Case of World War II
The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.
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: Applied Economics
سال: 2005
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036840500109134