Monetary Policy is implemented by the Federal Reserve Bank of the U.S. to control inflation, regulate interest rates, and support the efficient functioning of the banking system. Fiscal Policy is ...
Central banks are the key to waging expansionary monetary policy campaigns, when a nation’s economy needs the help most. Expansionary monetary policy is an economic policy engineered by a country’s ...
Fiscal policy uncertainty (FPU)—ambiguity in government spending and tax plans, as well as in public debt valuation—is widely regarded as a source of economic and financial disruptions. However, ...
Federal fiscal policy during the recession was abnormally expansionary by historical standards. However, over the past 2½ years it has become unusually contractionary as a result of several deficit ...
The idea behind “fiscally-driven external rebalancing” is straightforward. If countries with external (e.g. trade) surpluses run expansionary fiscal policies, they will raise their own level of demand ...
When you're knee-deep in the day-to-day details of running a business down on Main Street, it's easy to tune out the endless arguments about the economy taking place in Washington, D.C. That can be a ...
A two—region, three—sector, general equilibrium model is utilized to analyze effects of fiscal spending upon a dual economy. We examine the effects of fiscal spending on services prices, the urban ...
The government charges the Federal Reserve with maintaining sustainable economic growth, high employment and stable prices. To achieve these goals, the Fed constantly monitors the economy, either ...