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 ...

President Joe Biden and members of Congress should pay more attention to the pro-growth fiscal policies occurring in the states. The federal budget process is a disaster, and the out-of-control ...

In recent weeks, a number of signs have appeared suggesting that the recovery of the U.S. economy from the recent recession is on a bumpy path. During the second quarter of 2002, real GDP grew at an ...

View the presentation (pdf) on the Fiscal policy in advanced economies. Today I will discuss the complex relationship between economic growth and fiscal policy. It is a complex relationship because it ...

In response to COVID-19, both advanced and emerging market economies have implemented large fiscal stimulus programs that have pushed public debt to historically high levels. The combination of higher ...

Thanks in large part to recently enacted tax cuts, U.S. fiscal policy has taken a decidedly procyclical turn—providing stimulus when the economy is growing. In fact, the projected increase in the ...

Fiscal policy is central to development. It can support macroeconomic stability, foster growth, and help reduce poverty. Taxes fund essential services, while public spending builds human capital and ...