![]() ![]() Fiscal Policy and Macroeconomic Stability:New Evidence and Policy Implications.Revista de Economia y Estadistica,48(2),69-101.įatas, A., & Mihov, I. International Monetary Fund Working Paper,1-45.ĭebrun, X., & Kapoor, R. Fiscal Policy and Macroeconomic Stability: Automatic Stabilizers Work Always and Everywhere. Controlling for Heterogeneity in Gravity Models of Trade and Integration. International Monetary Fund Working Paper,2-26.īaltagi, B. International Review of Social Sciences and Humanities, 4(1), 142-150.īaunsgaard, T., & Symansky, S. The Impact of Fiscal Policy on the Nigerian Economy. ![]() University of Valancia Working Paper, 1-23.Īudu, N. Prentice Hall.Īndresa, J., Domenecha, R., & Fatas, A. The Effects of Fiscal Policy on Economic Growth: Empirical Evidences Based on Time Series. O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle EastĪli, S., & Ahmed, N. O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development Item Type:įiscal Policy and Macroeconomic Stability in South Asian Countriesįiscal Policy, Macroeconomic Stability, Channels, Panel Data, South AsiaĬ - Mathematical and Quantitative Methods > C2 - Single Equation Models Single Variables > C23 - Panel Data Models Spatio-temporal ModelsĮ - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy Government should use cyclical policy for macroeconomic stability in developing countries. The study concluded that automatic stabilizers and discretionary policy are weak in developing economies. Cyclical policy plays an important role in stabilizing the economy and growth of a country. Results indicate that automatic stabilizers and discretionary fiscal policy have destabilizing impact on economy which leads to decrease in economic growth of developing economies. The study used Pooled OLS and Instrumental Variable Least Square methodology. For attaining these objectives the study used data from 1990 to 2014. automatic stabilizers, discretionary fiscal policy and cyclical fiscal policy. The study also aimed to find the channels through which fiscal policy leads to macroeconomic stability i.e. The objective of this study is to examine relationship between fiscal policy and macroeconomic stability in South Asian countries.
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