Sentence examples for fiscal policy rules from inspiring English sources

We present an algorithmic approach for the design of fiscal policy rules.

Designing optimal monetary and fiscal policy (rules) would be another formidable challenge for the model.

The first part of the paper addresses fiscal policy rules by analyzing their political appeal as restrainers, symbols, partisan weapons, and ideological statements.

The fiscal policy rules enables to represent in the model albeit in a highly stylized way the various budgetary rules and strategies one may observe in practice (think, e.g., of the EUs Stability and Growth Pact).

The baseline parameters concern: (1) the hybrid IS and Phillips curves (lines 1, 3 and 4), (2) labor demand and supply (line 2), (3) parameters that characterize monetary policy (line 5) and fiscal policy rules (lines 6 and 7), (4) assumptions on policy preferences (line 8) and variances and autocorrelations of shocks (line 9).

These investment expenditures are subject to several time lags (including, among others, legislative, design and implementation lags), and as a result, they will affect the economy with a possibly substantial delay; however, the feedback mechanism used allows us to explicitly incorporate these lags into the design of the fiscal policy rules.

That leads to the concentration of political power, hence state policies to increase economic concentration: fiscal policies, rules of corporate governance, deregulation, and much more.

Abolish or radically recast the fiscal-policy rules; affirm rather than qualify the independence of the proposed central bank; above all, engage the public and let popular opinion have the final say.

The European predicament is much more serious than that.As all financial hell breaks loose and recession looms large, the EU is stuck with tax- competition policies, a slow-motion monetary regime and holier-than-thou fiscal-policy rules.

The orthodoxy mistakenly assumes that government spending cannot generate any extra income; but so long as it prevails, debt-financed fiscal policy is ruled out as a means to revive economic growth.

Portugal Like Spain, Portugal's fiscal policy contravenes eurozone rules; both countries face Brussels sanctions as a result.