We propose a method of identifying discretionary fiscal policy reactions using real-time data. Automatic stabilizers should depend on true GDP, while discretionary fiscal policy is contingent on the ...

In recent weeks, a number of signs have appeared suggesting that the recovery of the U.S. economy from the recent recession is on a bumpy path. During the second quarter of 2002, real GDP grew at an ...

View the presentation (pdf) on the Fiscal policy in advanced economies. Today I will discuss the complex relationship between economic growth and fiscal policy. It is a complex relationship because it ...

Federal fiscal policy during the recession was abnormally expansionary by historical standards. However, over the past 2½ years it has become unusually contractionary as a result of several deficit ...

Monetary policy seeks to control the economy by manipulating the money supply and interest rates. Fiscal policy is designed to achieve the same end using targeted taxes and spending. The Achilles' ...

BEIJING, Sept 12 (Reuters) - China's fiscal policy has ample room, the government's debt ratio remains "reasonable" and risks are controllable, finance minister Lan Foan said on Friday, pledging a ...

Fiscal policy is central to development. It can support macroeconomic stability, foster growth, and help reduce poverty. Taxes fund essential services, while public spending builds human capital and ...

Today I will discuss the complex relationship between economic growth and fiscal policy. It is a complex relationship because it involves various kinds of feedbacks between the two sides of the ...

Fiscal policy refers to taxing and spending policies of governments, often with a specific focus on budgeting and the effect of taxing and spending on the broader economy. Fiscal policy is one of, if ...

Fiscal policy involves government spending and tax measures impacting the economy and investor decisions. Contrasting with monetary policy, fiscal policy is set by legislatures and affects stocks and ...