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An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries

An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries »

Source: An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries

Volume/Issue: 2001/69

Series: IMF Working Papers

Author(s): Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

ISBN: 9781451849066

Keywords: intergenerational fiscal balance, Ricardian effects, expenditures, expenditure, fiscal adjustments, fiscal position, Integenerational Fiscal Balance,

Several recent papers have examined the response of national saving to changes in fiscal policy. This paper uses knowledge about the intergenerational fiscal position of a country to determine whether this informat...

Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy

Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy »

Source: Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy

Volume/Issue: 1999/112

Series: IMF Working Papers

Author(s): Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1999

ISBN: 9781451853582

Keywords: government debt, government consumption, Ricardian behavior, non-Keynesian effects, household income, government spending, permanent income, fiscal consolidation, fiscal variables

This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence...

Fundamental Determinants of the Effects of Fiscal Policy

Fundamental Determinants of the Effects of Fiscal Policy »

Source: Fundamental Determinants of the Effects of Fiscal Policy

Volume/Issue: 2006/72

Series: IMF Working Papers

Author(s): Manmohan Kumar , and Dennis Botman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863321

Keywords: spillover effects, tax reform, privatizing retirement saving; non-Ricardian model, taxation, labor income, private consumption, Open Economy Macroeconomics, International Policy Coordination and Transmission, Fiscal Policies and Behavior of Economic Agents: General, Social Security and Public Pensions

We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to...

An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries

An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries »

Volume/Issue: 2001/69

Series: IMF Working Papers

Author(s): Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

DOI: http://dx.doi.org/10.5089/9781451849066.001

ISBN: 9781451849066

Keywords: intergenerational fiscal balance, Ricardian effects, expenditures, expenditure, fiscal adjustments, fiscal position, Integenerational Fiscal Balance,

Several recent papers have examined the response of national saving to changes in fiscal policy. This paper uses knowledge about the intergenerational fiscal position of a country to determine whether this informat...

Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy

Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy »

Volume/Issue: 1999/112

Series: IMF Working Papers

Author(s): Rina Bhattacharya

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1999

DOI: http://dx.doi.org/10.5089/9781451853582.001

ISBN: 9781451853582

Keywords: government debt, government consumption, Ricardian behavior, non-Keynesian effects, household income, government spending, permanent income, fiscal consolidation, fiscal variables

This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence...

Fundamental Determinants of the Effects of Fiscal Policy

Fundamental Determinants of the Effects of Fiscal Policy »

Volume/Issue: 2006/72

Series: IMF Working Papers

Author(s): Manmohan Kumar , and Dennis Botman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

DOI: http://dx.doi.org/10.5089/9781451863321.001

ISBN: 9781451863321

Keywords: spillover effects, tax reform, privatizing retirement saving; non-Ricardian model, taxation, labor income, private consumption, Open Economy Macroeconomics, International Policy Coordination and Transmission, Fiscal Policies and Behavior of Economic Agents: General, Social Security and Public Pensions

We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to...