Search results for "Fiscal balance"

showing 3 items of 3 documents

The Rise in Inequality after Pandemics: Can Fiscal Support Play a Mitigating Role?

2021

Abstract Major epidemics of the last two decades (SARS, H1N1, MERS, Ebola, and Zika) have been followed by increases in inequality [Furceri et al. (2020), COVID Economics, 12, 138–157]. In this article, we show that the extent of fiscal consolidation in the years following the onset of these pandemics has played an important role in determining the extent of the increase in inequality. Episodes marked by extreme austerity—measured using either the government’s fiscal balance, health expenditures, or redistribution—have been associated with an increase in the Gini measure of inequality three times as large as in episodes where fiscal policy has been more supportive. We survey the evidence th…

Economics and Econometrics2019-20 coronavirus outbreakAcademicSubjects/SOC00290Coronavirus disease 2019 (COVID-19)Inequalitymedia_common.quotation_subjectConsolidation (business)0502 economics and businessDevelopment economicsPandemicEconomics050207 economicsPandemicsAcademicSubjects/SOC00840health care economics and organizations050205 econometrics media_commonE6General Environmental ScienceGovernment05 social sciencesI14Settore SECS-P/02 Politica EconomicaO15Fiscal policyFiscal balanceH6InequalityGeneral Earth and Planetary SciencesOriginal ArticleFiscal policyIMF Working Papers
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How does fiscal policy react to wealth composition and asset prices?

2012

Prova tipográfica

Economics and Econometricsfiscal policy wealth composition asset pricesNorth-South technology transferSocial SciencesMonetary economicsFiscalpolicy0502 economics and businessEconomics050207 economicsStock (geology)Trade unions050208 financeMinimum wagesfiscal policy wealth composition asset prices.05 social sciencesWelth composition1. No povertySettore SECS-P/02 Politica EconomicaRegression analysisjel:E52jel:E37Asset pricesFiscal policyFiscal balanceWealth elasticity of demandMultinationals8. Economic growthWealth compositionNational wealthFinancial distressFiscal policy
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Measuring the Regional Incidence of Taxes and Public Expenditure: The Available Methodology and its Limitations

2014

This article reviews the basic methodology used to estimate the regional incidence of taxes and public expenditure, which we call the fiscal incidence approach, and compares it with the cash flow approach, which measures tax revenues and expenditures in terms of the associated monetary cash flows. In this context, it considers critically the particular version of the cash flow approach used in Spain. The article also looks at the different ways in which economists have tried to decompose fiscal balances into a structural or distributive component and a cyclical component, and critically reviews present practices.

Regional fiscal balances tax and expenditure incidence cyclical and structural effectsjel:H2jel:H5jel:H62jel:H30jel:H61jel:H22Hacienda Pública Española/Review of Public Economics
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