This paper estimates the macroeconomic effects of fiscal consolidations in sub-Saharan Africa using a newly constructed narrative dataset of discretionary fiscal policy actions for 14 countries over ...

Fighting recessions and inflation has become a lot more complicated lately. Beginning with the Great Recession, Washington's discretionary fiscal policy took on a lead role in economic stabilization.

Governments use spending and taxing powers to promote stable and sustainable growth Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use ...