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Exact(17)
My guess is that the deficit as a share of GDP will be around the same this year as last year, meaning little or no "negative fiscal impulse".
The authors contrast this with the negative fiscal contribution of the UK-born workforce which has helped fuel the accumulated deficit of almost £617bn.
Indeed, as a recent OECD study has shown, immigrants in the wealthy nations of Europe do not have a negative fiscal impact.
In order to protect against negative fiscal externalities, it is important that fiscal risks are shared where economic adjustment mechanisms to country-specific shocks are less than perfect.
Prior local or regional studies of immigration, or of changes to immigration law, have found both positive and negative fiscal impacts, again largely depending on what and how economists chose to measure.
If the US can do that against a negative fiscal thrust, it makes you think next year is going to be a better year … even a fairly sombre view of the economic perspective in the UK should see us growing faster than the Office of Budget Responsibility suggests".
Similar(42)
That number turned negative last year.
Any negative reading indicates a decline in business, and the index has been negative since December.
They are overstating the negative this year because the market was so strong in 2000".
REBOUNDS MARCUS CAMBY's magnetic resonance imaging test on his right knee was negative yesterday.
She was provisionally suspended from competition until the B sample came back negative last week.
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