[PDF] Top 20 Fiscal Policy and its role in ensuring economic stability

... the economic calculations used by the fiscal policy is given by the arbitrary ...any fiscal system is not and cannot be objective. It is neither ensuring the “good running” of the ... See full document

... variable fiscal policy rules to public debt (FR * PDt-1) which describes government compliance in implementing the debt rules in the fiscal rule significance level of ...variable, fiscal rule, ... See full document

... the fiscal variables analyzed in the current section as well as for additional economic and demographic ...and economic differences between the groups is that weak-rule states tend to be large, ... See full document

... budget, its revenues structure must be entirely (or at least considerably) controlled by the powers of the relevant ...the fiscal policy enables to provide not only economic but also political ... See full document

... Introducing derivatives into the IS curve as debt and deficit management tool, we reach the following conclusions; first is to underline the very positive role of financial innovation in[r] ... See full document

... of economic policy instruments within the West African Economic and Monetary Union (WAEMU), they obscured the role of structural heterogeneity and the cyclic ...that fiscal ... See full document

... of fiscal policy should be strengthened by the implemen- tation of three budgetary rules: a structural primary balance rule with smoothing of oil prices; a structural income rule for non-oil revenues, anda ... See full document

... optimal policy can be represented by a “super-inertial” interest rate or by a pure “targeting ...monetary policy should respond to increases in asset prices by lowering interest rates, but when monetary ... See full document

... Vladimirov and Neicheva (2008) estimated stabilizing role of government budget of Bulgaria. They used annual data from 1998 to 2004 during EU accession and employed Hodrick-Prescott filter (HP). Results indicated ... See full document

... by policy makers to deal with complex challenges regarding to develop renewable energy market and its technology in ...important role in sustainable energy ... See full document

... In order to test the links between the inflation and some budgetary macro-variables (public revenues and public expenditures) a Vector Error Correction (VEC) could be involved. The VEC methodology presents several ... See full document

... Price stability in the economy regardless of its directional movements can cause either capital flights or disincentive to potential investors, both impacting on employment and the gross national products ... See full document

... 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 ... See full document

... stable economic func- ...maintaining economic and social stability, balancing regional financial differences and pro- moting the equalization of basic services ... See full document

... monetary stability can contribute towards price stability in the Nigerian economy since the variation in price level is mainly caused by money supply and concluded that inflation in Nigeria is to an extent ... See full document

... sustainable economic growth, alleviate poverty and bring stability in other macroeconomic ...regard, fiscal policy may be regarded as an essential determinant of sustainable economic ... See full document

... relevant role in the definition of economic policies and how they will be presented or how they will be applied in the internal market, as well as interact with the international ...by its populist ... See full document

... European policy (particularly in the context of accomplishing the Lisbon strategy), international solidarity, capital invest- ment, reforms of the pension systems and extremely high EU ...achieve fiscal ... See full document

... and profit (2008) tax system and the elimination of all exclusions and facilitations under the old tax system. Besides, there were major reductions in customs duties due to the CEFTA and World Trade Organization ... See full document

... of fiscal policy - tax amongst different ...used fiscal policy Tax-oriented to develop the ...embraced fiscal policy as a potential tool for attracting foreign direct investments ... See full document