Unemployment benefits and other social spending are also designed to rise during a downturn. These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary ...

In truth, it is a strong signal of a counter-cyclical fiscal policy that treads the fine balance between growth-enhancing and growth-distributing Budget. India’s economic growth has been strong ...

However, in the above mentioned paper I show not only the asymmetric nature of business cycles, but also that counter-cyclical fiscal policy is only effective provided the level of debt to GDP is ...

Unemployment benefits and other social spending are also designed to rise during a downturn. These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary ...

In Econ 101, students are taught that fiscal policy should be counter-cyclical, meaning that when the economy is at full-employment (4% or lower) there shouldn’t be a deficit – perhaps ...

The sluggish rollout of that program may be a tribute to careful and diligent policy implementation, but as a countercyclical fiscal injection it’s arguably a timing failure, given that money is ...

We are all Keynesians now. That was notoriously stressed by US president Richard Nixon in 1971, months before engineering the ...

Banco de Crédito del Peru (BCP) maintains its growth projection for Peruvian economy at around 3% for 2024, BCP Economic Studies Department Manager Carlos Prieto reported on Monday.

After decades of struggle, animal spirits in Japan seem to have reawakened in the post-Covid era, driven by both cyclical and ...

The beta of an investment security, like a stock or group of stocks, measures its correlation and volatility of returns ...

People in China are so discouraged about the economic outlook that many have taken to social media to call it the "garbage ...