Fundamental Determinants of the Effects of Fiscal Policy:
We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to financial markets, and the elasticity of labor supply, as well as the characteristics...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/72 |
Online-Zugang: | BSB01 FAN01 FHA01 FKE01 FLA01 FNU01 LCO01 SBG01 SBR01 TUM01 UBA01 UBG01 UBM01 UBR01 UBT01 UBW01 UBY01 UEI01 UER01 UPA01 Volltext |
Zusammenfassung: | We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to financial markets, and the elasticity of labor supply, as well as the characteristics of utility and production functions, and the degree of competition are all critical for determining the impact of fiscal policy. Four topical fiscal policy issues, for a representative large and small economy, are examined: the effects of changes in government debt; higher government spending; tax reform; and privatization of retirement savings |
Beschreibung: | 1 Online-Ressource (46 p) |
ISBN: | 1451863322 9781451863321 |
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index_date | 2024-07-03T20:13:27Z |
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spelling | Kumar, Manmohan S. Verfasser (DE-588)126262349 aut Fundamental Determinants of the Effects of Fiscal Policy Kumar, Manmohan S Washington, D.C International Monetary Fund 2006 1 Online-Ressource (46 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/72 We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to financial markets, and the elasticity of labor supply, as well as the characteristics of utility and production functions, and the degree of competition are all critical for determining the impact of fiscal policy. Four topical fiscal policy issues, for a representative large and small economy, are examined: the effects of changes in government debt; higher government spending; tax reform; and privatization of retirement savings Online-Ausg Botman, Dennis P. J. 1972- Sonstige (DE-588)171782836 oth http://elibrary.imf.org/view/IMF001/02690-9781451863321/02690-9781451863321/02690-9781451863321.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Kumar, Manmohan S. Fundamental Determinants of the Effects of Fiscal Policy |
title | Fundamental Determinants of the Effects of Fiscal Policy |
title_auth | Fundamental Determinants of the Effects of Fiscal Policy |
title_exact_search | Fundamental Determinants of the Effects of Fiscal Policy |
title_exact_search_txtP | Fundamental Determinants of the Effects of Fiscal Policy |
title_full | Fundamental Determinants of the Effects of Fiscal Policy Kumar, Manmohan S |
title_fullStr | Fundamental Determinants of the Effects of Fiscal Policy Kumar, Manmohan S |
title_full_unstemmed | Fundamental Determinants of the Effects of Fiscal Policy Kumar, Manmohan S |
title_short | Fundamental Determinants of the Effects of Fiscal Policy |
title_sort | fundamental determinants of the effects of fiscal policy |
url | http://elibrary.imf.org/view/IMF001/02690-9781451863321/02690-9781451863321/02690-9781451863321.xml |
work_keys_str_mv | AT kumarmanmohans fundamentaldeterminantsoftheeffectsoffiscalpolicy AT botmandennispj fundamentaldeterminantsoftheeffectsoffiscalpolicy |