Fiscal policy objectives vary. In the short term, governments may focus on macroeconomic stabilization—for example, spending more or cutting taxes to stimulate an ailing economy or slashing spending ...

Fiscal policy is tied to government action on spending ... that could generate more revenue or cut spending levels. For example, Trump’s proposals for increased tariffs on foreign trade would ...

The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still ...

John Hendrickson and John Phelan compare Minnesota's soaring taxes and deficits with Iowa low taxes and balanced budgets.

By series of examples, allowing for both distortionary and non-distortionary taxes and for various patterns of government spending, it is shown that the quantitative and qualitative effects of fiscal ...

Fiscal policy can be defined as the government ... economy the government may have to step up capital investment for example in infrastructure and social welfare. This increases consumer ...

The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many of the deadlines could bring additional costs if Congress acts irresponsibly, or ...

Several recent studies suggest that the response of national saving to fiscal policy may be non-linear. In this paper we use two data sets to search for the circumstances in which such non-linear ...