This paper investigates the role of informality in affecting the magnitude of the fiscal multiplier in a panel of 141 countries, using the local projections method. We find a strong negative ...

2024 JUL 26 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- New research on Economics - Economics and Statistics is the subject of a report. According to news reporting ...

This Selected Issues Paper revisits fiscal multipliers for Estonia with a view to highlighting policy trade-offs and providing growth-friendly options for fiscal consolidation. The pandemic triggered ...

The United States has implemented large-scale fiscal policy measures to help households and businesses cushion the economic fallout from the COVID-19 pandemic and to strengthen the recovery. The ...

What began as the subprime crisis in the US during the summer of 2007 and morphed into a global financial crisis in the other advanced economies of the “North” has led to unprecedented fiscal stimulus ...

The fiscal “multiplier” measures how many additional dollars of output are gained or lost for each dollar of fiscal stimulus or contraction. In practice, the multiplier at any point in time depends on ...

The work discussed in this article received funding through the Institute for Economic Justice's Macroeconomic Policy for Employment Programme. Dr Gilad Isaacs is the Co-Director of the Institute for ...

Fiscal discipline is more essential in times of geopolitical uncertainty and economic uncertainty. Pakistan is at that stage of its development when fiscal discipline is not a mere policy choice, but ...