Sökning: "Forecasts of Fiscal Policy"

Hittade 5 uppsatser innehållade orden Forecasts of Fiscal Policy.

  1. 1. Forecasting, Monetary Policy, Nominal Gross Domestic Product Stability, and Macroeconomic Outcomes in a suboptimal currency area. : An examination of the Eurozone

    Kandidat-uppsats, Jönköping University/Internationella Handelshögskolan

    Författare :Layton Nyanzi Mukwaya; Jordi Garcia Martinez; [2023]
    Nyckelord :Macroeconomics Nominal GDP;

    Sammanfattning : The purpose of this paper is the examination of whether a strategy of using forecasts to stabilise the Nominal Gross Domestic Product (NGDP) growth rate as a nominal anchor, through a rules-based approach to monetary policy is viable in the Eurozone. The paper uses a modified Taylor rule, that uses NGDP forecasts as a variable to generate a prescribed interest rate from which the interest rate set by the European Central Bank (ECB) is subtracted to create a variable we call the Rate Gap. LÄS MER

  2. 2. A system in crisis with the worst yet to come: Social security spending in Finland 1980-2018 and some gloomy forecasts for the near-future (2019-2030)

    Master-uppsats, Lunds universitet/Ekonomisk-historiska institutionen

    Författare :Rolf Lennart Granholm; [2021]
    Nyckelord :social security; population aging; fiscal unsustainability; historical development; future forecasts; Social Sciences;

    Sammanfattning : Finland’s social security spending has been increasing rapidly over the past four decades, and is expected to continue increasing in the decades to come. The increase has been largely driven by population ageing resulting in increased old-age spending. LÄS MER

  3. 3. Overreliance in Automatic Stabilizers? - Sweden’s Fiscal Policy during the Financial Crisis

    Kandidat-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Jens Kolhammar; [2014]
    Nyckelord :Fiscal Policy; Automatic Stabilizers; Forecasts of Fiscal Policy; Sweden’s Fiscal Policy.; Business and Economics;

    Sammanfattning : What was the outcome of Sweden’s fiscal policy between 2009 and 2012 and why was it different from forecasts? Research by the OECD during the financial crisis, used by the Swedish Government to illustrate their fiscal policy, suggested that Sweden would have the biggest stimulus of all OECD countries. However, Sweden’s fiscal policy ended up rather modest. LÄS MER

  4. 4. Preaching to the choir? A Comparison of Fiscal Forecasts by Governments, Fiscal Policy Councils and the European Commission in the European Semester Framework

    Kandidat-uppsats, Göteborgs universitet/Statsvetenskapliga institutionen

    Författare :Per-Erik Nyström; [2012-07-09]
    Nyckelord :Deficit bias; European semester; Fiscal consolidation; Fiscal policy councils; Forecasts; Independent fiscal agencies.;

    Sammanfattning : The high debt levels experienced in European Countries have lead to academic interest in the deficit bias - the tendency for governments to run budget deficits and accumulate debt. In part one of this thesis a survey of the economic literature on the origins and solutions to the deficit bias are conducted. LÄS MER

  5. 5. Automatic Fiscal Stabilization: Lithuania in the EU

    Kandidat-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Jurgita Pesliakaité; [2006]
    Nyckelord :fiscal policy; budget balance elasticity; budget deficit; Lithuania; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

    Sammanfattning : This essay discusses fiscal policymaking in Lithuania as a member state in the European Union and in the European Monetary Union. More specifically, looking at official forecasts of the development of some economical and fiscal variables made by Lithuanian authorities and the European Commission for 2005-2008 and simulating business cycles in 2009-2030, it is concluded that it would be thoughtful to increase the cyclical sensitivity of Lithuanian budget, thus making the national fiscal policy more predictable without risk to violate fiscal obligations to the European Union. LÄS MER