fiscal rule
Procyclical Fiscal Policy And The Role Of Fiscal Rule In Indonesia
... 2016). Fiscal rule variables have a negative relationship to the business cycle in Indonesia, although they do not affect ...the fiscal rule in the form of both budget balance regulations and ...
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Relation between Fiscal Rule and Select Economic Indicator of PIIGS Countries of Europe
... The equation (15) has been found significant at one percent level where the p-value is 0.002 with -1.521 coefficient value. The fiscal rule index has a significant negative positive effect on Current ...
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The effects of the new fiscal rule and creative accounting: Empirical evidence from Japanese municipalities
... Normally, the accounts of municipalities are divided into general ac- counts and special accounts in public finance. Special accounts consist of public enterprise accounts, such as those for transport businesses, ...
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The effects of the new fiscal rule and creative accounting: Empirical evidence from Japanese municipalities
... improve fiscal conditions and work towards a high level of transparency in fiscal management, the central government enacted The Law Relating to the Financial Soundness of Local Governments for local ...new ...
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Application of the Swiss fiscal rule to artificial data a Monte Carlo simulation
... The simulations are based on output series calculated with three different pro- cesses, all including stochastic variables. These simulations shall allow conclu- sions about the achievement of a structurally balanced ...
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Constitutional Economics, Fiscal Policy Rules, and The Case of Turkey
... Restrictive fiscal instrument especially fiscal policy rules have been used to achieve fiscal balance and economic stability by some ...specific fiscal policy rules to struggle with economic ...
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Government debt, fiscal rules and singular growth dynamics
... (symmetric) fiscal rule according to which the primary surplus is a linear function of the deviation of the debt to GDP ratio relative to a target level (as in Bohn (1998) and Greiner and Fincke (2015) ...
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The fiscal and monetary institutions of CESEE countries Bruegel Working Paper 2011/02, February 2011
... expenditure framework that is not adjusted from year to year. This can be called a fixed framework. It has also been called a fiscal rule for expenditures. A fixed expenditure framework can be rolling like ...
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A proposal to revive the European Fiscal Framework Bruegel Policy Contribution ISSUE 2016/07 MARCH 2016
... current fiscal framework is rather ineffi- cient. In theory, the new fiscal rules, with cyclically adjusted targets, flexibility clauses and the option to enter into an excessive deficit procedure, allow ...
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Oil Price Cycles, Fiscal Dominance and Counter cyclical Monetary Policy in Iran
... the fiscal side so as to limit, at the origin, variation of the quantity of foreign exchange injection into the ...balanced fiscal rule, along the lines instituted in Desormeaux (2010), is a ...
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Transmission of fiscal policy shocks into Romania's economy
... developed fiscal policy block, designed to capture the shocks coming from fiscal policy ...a fiscal rule was implemented (a fiscal reaction ...
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Towards a More Resilient Euro Area Ideas from the 'Future Europe' Forum CEPS Paperback, 18 June 2018
... The issue of a suitable trigger for restructuring was a recurring issue in the discussion. Pietro Reichlin emphasised that deciding whether a restructuring is the best choice depends on a complex set of conditions and ...
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Practising Subnational Public Finance in an Emerging Economy: Fiscal Marksmanship in Kerala
... the fiscal marksmanship. Fiscal marksmanship is the analysis of fiscal forecasting ...facing fiscal stress within the rule-based fiscal framework and innovating policy tools to ...
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The Fiscal Policy and the Stability of the nominal Sector: The Romanian Case (revisited version)
... of fiscal determination of the level of prices takes in to the effects induced over the inflation by the adjustments of fiscal policy and evaluates the measure in which these can be quantized using ...
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On the drivers of fiscal consolidation attempts : a Bayesian approach : a thesis presented in partial fulfilment of the requirements for the degree of Master of Business Studies in Economics at Massey University
... school, fiscal consolidation would imply a slowdown in economic activities due to less government and private consumption (Mankiw, ...that fiscal consolidation does not necessarily cause a decrease in ...
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A Research on the Fiscal Regional Difference of China’s Prefecture Level Administrative Regions
... fective fiscal and administrative ...Local fiscal revenues and economic conditions influence each other, interacting as both cause and ...of fiscal revenues in the context of Chinese governmental ...
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The impact of fiscal shocks on the Irish economy
... imposing that some variables are not allowed to react contemporaneously to shocks in others. While Blanchard and Perotti (2002) and Perotti (2004) use quarterly data, Ireland has non-interpolated quarterly data only from ...
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Fiscal Responsibility And Economic Efficiency:A Functional Approach
... various fiscal measures such a tax and expenditure charges; and what are the social, political and historical forces which have formed the shape of present fiscal institutions and which determine the ...
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Fiscal Policy during the current Crisis
... up. Fiscal policy has contributed to the imbalances by more than spending revenues from higher growth (which led to larger fiscal ...a fiscal expansion in case that inflows and the economy slow down ...
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A model with explicit expectations for Belgium. NBB Working Paper Nr. 4
... FSCINDTB : fiscal index, tax brackets endogenous when indexation of brackets is effective FSCINDTS : fiscal index tax schedule reflects fiscal reforms GCR1 : government purchases of good[r] ...
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