Search Results

You are looking at 1 - 10 of 32 items :

  • Keyword: fiscal stimulus x
  • IMF Working Papers x
Clear All Modify Search
The Role for Counter-Cyclical Fiscal Policy in Singapore

The Role for Counter-Cyclical Fiscal Policy in Singapore »

Source: The Role for Counter-Cyclical Fiscal Policy in Singapore

Volume/Issue: 2009/8

Series: IMF Working Papers

Author(s): Leif Eskesen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2009

ISBN: 9781451871555

Keywords: SVAR, expenditure, fiscal multipliers, fiscal stimulus, fiscal shocks,

Singapore's policymakers have often used fiscal policy as a counter-cyclical tool. Empirical results based on a structural autoregression framework suggest that fiscal policy can be used for demand management, alth...

Countering the Cycle-The Effectiveness of Fiscal Policy in Korea

Countering the Cycle-The Effectiveness of Fiscal Policy in Korea »

Source: Countering the Cycle-The Effectiveness of Fiscal Policy in Korea

Volume/Issue: 2009/249

Series: IMF Working Papers

Author(s): Leif Eskesen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2009

ISBN: 9781451873962

Keywords: macroeconomic models, fiscal stimulus, fiscal measures, investment spending, marginal propensity to consume,

The Korean authorities having taken decisive and proactive fiscal measures to help stem the fallout from the current global economic and financial crisis, with the size of the fiscal stimulus well-above the average...

Japan's Stagnant Nineties

Japan's Stagnant Nineties »

Source: Japan's Stagnant Nineties : A Vector Autoregression Retrospective

Volume/Issue: 1999/45

Series: IMF Working Papers

Author(s): Christel Rendu , and Ramana Ramaswamy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1999

ISBN: 9781451846454

Keywords: vector autoregression, shocks, bubble, private consumption, fiscal policies, fiscal stimulus, household wealth

This paper uses a vector autoregression (VAR) approach to identify the driving forces of the growth slowdown in Japan during the 1990s. Negative shocks to both residential and nonresidential investment are shown to...

Fiscal and Monetary Policy During Downturns

Fiscal and Monetary Policy During Downturns »

Source: Fiscal and Monetary Policy During Downturns : Evidence From the G7

Volume/Issue: 2009/50

Series: IMF Working Papers

Author(s): Sven Jari Stehn , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451871982

Keywords: government revenue, government expenditure, tax changes, discretionary fiscal policy, fiscal stimulus, tax cuts,

This paper analyzes how fiscal and monetary policy typically respond during downturns in G7 countries. It evaluates whether discretionary fiscal responses to downturns are timely and temporary, and compares the res...

Assessing the Impact and Phasing of Multi-year Fiscal Adjustment

Assessing the Impact and Phasing of Multi-year Fiscal Adjustment »

Source: Assessing the Impact and Phasing of Multi-year Fiscal Adjustment : A General Framework

Volume/Issue: 2013/182

Series: IMF Working Papers

Author(s): Ran Bi , Haonan Qu , and James Roaf

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2013

ISBN: 9781484318669

Keywords: fiscal adjustment, fiscal multipliers, fiscal tightening, fiscal stance, structural fiscal, fiscal adjustments, fiscal sustainability, fiscal measures, primary deficit, fiscal adjustment efforts

This paper provides a general framework to assess the output and debt dynamics of an economy undertaking multi-year fiscal adjustment. The framework allows country-specific assumptions about the magnitude and persi...

Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis

Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis »

Source: Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis

Volume/Issue: 2018/251

Series: IMF Working Papers

Author(s): Carolina Correa-Caro , Leandro Medina , Marcos Poplawski-Ribeiro , and Bennett Sutton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 November 2018

ISBN: 9781484380659

Keywords: Fiscal stimulus, Global Financial Crisis, Worldscope, Firm Profitabilit, Firm Profitability, Models with Panel Data, Deficit

Using financial statement data from the Thomson Reuter's Worldscope database for 22,333 non-financial firms in 52 advanced and emerging economies, this paper examines how fiscal stimulus (i.e., changes in structura...

A Fiscal Stimulus and Jobless Recovery

A Fiscal Stimulus and Jobless Recovery »

Source: A Fiscal Stimulus and Jobless Recovery

Volume/Issue: 2013/17

Series: IMF Working Papers

Author(s): Cristiano Cantore , Paul Levine , and Giovanni Melina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 January 2013

ISBN: 9781475595338

Keywords: deep habits, labor market search-match frictions, CES production function, government spending, jobless, fiscal stimulus, employment,

We analyse the effects of a government spending expansion in a DSGE model with Mortensen-Pissarides labour market frictions, deep habits in private and public consumption, investment adjustment costs, a constant-el...

Fiscal Policy and Lending Relationships

Fiscal Policy and Lending Relationships »

Source: Fiscal Policy and Lending Relationships

Volume/Issue: 2013/141

Series: IMF Working Papers

Author(s): Giovanni Melina , and Stefania Villa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 June 2013

ISBN: 9781484380277

Keywords: deep habits, lending relationships, government spending, fiscal stimulus, government spending shocks, budget constraint,

This paper studies how fiscal policy affects loan market conditions in the US. First, it conducts a Structural Vector-Autoregression analysis showing that the bank spread responds negatively to an expansionary gove...

Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought

Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought »

Source: Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought

Volume/Issue: 2018/133

Series: IMF Working Papers

Author(s): Armand Fouejieu , Sergio Rodriguez , and Sohaib Shahid

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2018

ISBN: 9781484361573

Keywords: Economic growth, Government expenditures, Fiscal policy, Fiscal policy, Fiscal stimulus and multipliers, Gulf Cooperation Council (GCC), Fiscal Multiplier, GCC, General, Asia including Middle East

This paper estimates fiscal multipliers for the Gulf Cooperation Council (GCC) countries. Using OLS panel fixed effects on a sample of six countries from 1990-2016, results indicate that GCC fiscal multipliers have...

Anchor Me: The Benefits and Challenges of Fiscal Responsibility

Anchor Me: The Benefits and Challenges of Fiscal Responsibility »

Source: Anchor Me: The Benefits and Challenges of Fiscal Responsibility

Volume/Issue: 2019/70

Series: IMF Working Papers

Author(s): Serhan Cevik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 March 2019

ISBN: 9781498302937

Keywords: Economic stabilization, Fiscal policy, National budgets, Budgetary policy, Fiscal stimulus, procyclicality, structural budget balances, fiscal rules, output gap, countercyclical

This paper discusses the benefits and challenges of implementing a rule-based fiscal responsibility framework, using the Philippines as a case study. It estimates structural measures of the fiscal stance over the p...