Αποτελέσματα Αναζήτησης
30 Ιουν 2023 · Government policy definitions and categories were widened. Government policy types were discussed concerning the sectoral groups comprising each given government. This is important...
This paper studies the policy implications of the endogeneity of information about the state of the economy. The business cycle can be made less noisy, and more efficient, by incentivizing firms to vary their pricing and production decisions more with their beliefs about the state of the economy.
Summary. Business cycles are recurrent expansions and contractions in economic activity affecting broad segments of the economy. Business cycles are a fundamental feature of market economies, but their amplitude and/or length vary considerably. Business cycles can be split into many different phases. The investment industry typically refers to ...
1 Νοε 2020 · This paper develops the quantitative implications of optimal fiscal policy in a business cycle model. In a stationary equilibrium, the ex ante tax rate on capital income is approximately...
The main purpose of this paper is to study the relationship between the fiscal policy (measured by government expenditures and tax revenues) and volatility of business cycle (measured by GDP, private GDP) among 8 opec member countries for the period 1980-2010 by applying panel data.
Recent Work on Business Cycles in Historical Perspective. 2.1 Introduction. Interest in business cycles is itself subject to a wavelike movement, waxing during and after periods of turbulence and depression, waning in periods of substantial stability and continuing growth.
We present strong evidence in favor of the hypothesis that large governments reduce the volatility of output (total or private). The result is robust to the introduction of controls
