Fiscal policy and macroeconomic performance

The fiscal developments around the global financial crisis of 2007-2009 and its aftermath are undoubtedly a major factor behind that comeback. The large fiscal stimulus packages adopted by many countries in the face of large adverse shocks have triggered an unusually heated debate among academics, p...

Descripción completa

Guardado en:

Detalles Bibliográficos
Otros Autores:	Céspedes, Luis Felipe
Formato:	Libro
Lenguaje:	eng
Publicado:	Banco Central de Chile 2019
Materias:	POLÍTICA FISCAL MACROECONOMÍA
Acceso en línea:	https://hdl.handle.net/20.500.12580/1638
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai-20.500.12580-1638
record_format	dspace
spelling	oai-20.500.12580-16382021-04-24T05:01:57Z Fiscal policy and macroeconomic performance Céspedes, Luis Felipe Galí, Jordi POLÍTICA FISCAL MACROECONOMÍA The fiscal developments around the global financial crisis of 2007-2009 and its aftermath are undoubtedly a major factor behind that comeback. The large fiscal stimulus packages adopted by many countries in the face of large adverse shocks have triggered an unusually heated debate among academics, policymakers and commentators alike. In ten contributions written by economists with a recognized expertise in the field, this book shed light on the key questions at the aftermath of crises: How effective is fiscal policy at stimulating the economy? What is the best design for a fiscal stimulus package? Should it put most of its weight on government spending increases or on tax reductions? Are automatic stabilizers enough or is a discretionary stimulus needed? How does fiscal policy interact with monetary policy? Is there room for coordination? What are the possible consequences for the economy of a large rise in the debt/GDP ratio? And those of the fiscal consolidations aimed at stabilizing that ratio? Finally, should countries adopt explicit fiscal rules?. Fiscal policy and macroeconomic performance: an overview / Luis Felipe Céspedes, Jordi Galí -- Taxes and the Labor Market / Tommaso Monacelli, Roberto Perotti, Antonella Trigari -- Tightening Tensions: Fiscal Policy and Civil Unrest in South America, 1937–95 / Joachim Voth -- Real Exchange Rate Dynamics and Fiscal Policy from a Cross-Country Perspective / Rodrigo Caputo, Miguel Fuentes -- Riding the Roller Coaster: Fiscal Policies of Nonrenewable Resource Exporters in Latin America and the Caribbean / Mauricio Villafuerte, Pablo López-Murphy, Rolando Ossowski -- Fiscal Multipliers and Policy Coordination / Gauti Eggertsson -- Floats, Pegs and the Transmission of Fiscal Policy / Giancarlo Corsetti, Keith Kuester, Gernot J. Müller -- Non-Ricardian Aspects of Fiscal Policy in Chile / Luis Felipe Céspedes, Jorge Fornero, Jordi Galí -- A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile / Jeffrey Frankel -- Chile’s Fiscal Rule as Social Insurance / Eduardo Engel, Christopher Neilson, Rodrigo Valdés -- Procyclicality of Fiscal Policy in Emerging Countries: The Cycle is the Trend / Michel Strawczynski and Joseph Zeira. 2019-11-01T00:05:56Z 2019-11-01T00:05:56Z 2013 Libro 978-956-7421-37-4 https://hdl.handle.net/20.500.12580/1638 eng Series on Central Banking, Analysis, and Economic Policies, no. 17 Serie Banca Central, análisis y políticas económicas, no. 17 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Documento Completo 466 p. application/pdf Banco Central de Chile
institution	Banco Mundial
collection	Banco Mundial
language	eng
topic	POLÍTICA FISCAL MACROECONOMÍA
spellingShingle	POLÍTICA FISCAL MACROECONOMÍA Fiscal policy and macroeconomic performance
description	The fiscal developments around the global financial crisis of 2007-2009 and its aftermath are undoubtedly a major factor behind that comeback. The large fiscal stimulus packages adopted by many countries in the face of large adverse shocks have triggered an unusually heated debate among academics, policymakers and commentators alike. In ten contributions written by economists with a recognized expertise in the field, this book shed light on the key questions at the aftermath of crises: How effective is fiscal policy at stimulating the economy? What is the best design for a fiscal stimulus package? Should it put most of its weight on government spending increases or on tax reductions? Are automatic stabilizers enough or is a discretionary stimulus needed? How does fiscal policy interact with monetary policy? Is there room for coordination? What are the possible consequences for the economy of a large rise in the debt/GDP ratio? And those of the fiscal consolidations aimed at stabilizing that ratio? Finally, should countries adopt explicit fiscal rules?.
author2	Céspedes, Luis Felipe
author_facet	Céspedes, Luis Felipe
format	Libro
title	Fiscal policy and macroeconomic performance
title_short	Fiscal policy and macroeconomic performance
title_full	Fiscal policy and macroeconomic performance
title_fullStr	Fiscal policy and macroeconomic performance
title_full_unstemmed	Fiscal policy and macroeconomic performance
title_sort	fiscal policy and macroeconomic performance
publisher	Banco Central de Chile
publishDate	2019
url	https://hdl.handle.net/20.500.12580/1638
_version_	1718347045425643520

Fiscal policy and macroeconomic performance

Ejemplares similares