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 ...

With the world sliding into a global recession, policymakers around the world appear to have fully embraced the traditional notion of stabilization via fiscal expansions. With the world sliding ...

Fiscal policy is a tool used by governments to regulate economic activities in their country. It is one of the two main categories of economic policy, along with monetary policy. The main goal of ...

The paper also examines the key determinants of countercyclicality of fiscal policy with a focus on factors as severe crises, informality, financial development, and governance. Empirical results show ...

Rudy Sulgan / Getty Images When it comes to influencing macroeconomic outcomes, governments have typically relied on one of two primary courses of action: fiscal policy or monetary policy.

Discretionary fiscal policy changes, in turn, account for less than 20% of the observed changes. The analysis also finds the primary balance multiplier on GDP to be very small. We reconcile our ...

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 ...

Fiscal policy, on the other hand, can play an active role in reducing stagnation by alleviating the private sector’s credit constraints while allowing private deleveraging to take place.

On the other hand, fiscal policy has been very much in an expansionary mode. The Congressional Budget Office’s preliminary figures for fiscal year 2023 showed the deficit came in at $2 trillion ...

Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy. It is the sister strategy to monetary policy through which a ...

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 ...

This sluggish economic performance comes despite substantial stimulus from both monetary and fiscal policy. Since January 2001, the Federal Reserve has reduced its benchmark policy interest rate, the ...