Browsing by Subject "Fiscal policy"

Now showing items 1-20 of 27

    • A new fiscal strategy for Ireland 

      Lane, Philip R. (Economic & Social StudiesDublin, 2009)
      Around the world, fiscal policy has been accorded a prominent role in the debate on responding to the sharp economic slowdown. In large part, this reflects the limited effectiveness of monetary policy, once policy rates ...

    • The Age for Austerity? Population Age Structure and Fiscal Consolidation Multipliers 

      Kopecky, Joseph (2022)
      Advanced economies face two important trends: population aging and rising debt. In the coming years, it will be critical to understand how policies undertaken by governments interact with their changing age structures. In ...

    • Crowding out effects of government spending 

      Barry, Frank; Devereux, Michael B. (Economic & Social StudiesDublin, 1992)
      This paper surveys the recent theoretical literature on the linkage between government spending and the real economy. Two broad frameworks are explored. Nee-Keynesian models deal with economies characterised by wage or ...

    • "Crowding out effects of government spending": a comment 

      Fagan, Gabriel; Barry, Frank; Devereux, Michael B. (Economic & Social StudiesDublin, 1992)
      This paper presents a review of the current state of macroeconomic theory concerning the impact of Government spending on economic activity. The models presented reflect the current approach in theoretical analysis of ...

    • Discretion and cyclicality in Irish budgetary management 1969-2003 

      Hunt, Colin (Economic & Social StudiesDublin, 2005)
      This paper addresses the topic of cyclicality and discretion in Irish fiscal policy. In particular, we show that the level and nature of cyclicality varies across different expenditure components and we introduce a new ...

    • Distributional aspects of Ireland's fiscal adjustment 

      Callan, Tim; Nolan, Brian (Economic & Social StudiesDublin, 1992)
      Conflicting claims about the distributional impact of Ireland's fiscal adjustment have been made. This paper clarifies the different implicit standards on which these may be based, and uses the limited available data on ...

    • "Distributional aspects of Ireland's fiscal adjustment": a comment 

      O'Hagan, John (Economic & Social StudiesDublin, 1992)
      There is little, if anything, I can add to the fine paper by Tim Callan and Brian Nolan in the way of statistical data or direct comment. Their treatment of the topic has been comprehensive, impartial and professional. The ...

    • Does a monetary union require international fiscal policy co-ordination? 

      Devereux, Michael B. (Economic & Social StudiesDublin, 1991)
      In the debate over the set up of a single European currency, one of the principal areas of concern has been the implication of a single currency for the behaviour of sovereign fiscal authorities, and the possible need to ...

    • Fiscal adjustment in Ireland in the 1980s 

      Honohan, Patrick (Economic & Social StudiesDublin, 1992)
      We examine both the motivation for, and the overall dynamics of, fiscal adjustment from 1981 to 1991. Growing interest costs to meet an ever-expanding debt, combined with the impact of retrenchment on the welfare bill and ...

    • "Fiscal adjustment in Ireland in the 1980s": a comment 

      Martin, John P. (Economic & Social StudiesDublin, 1992)
      The Irish experience with fiscal adjustment is interesting, not just for a domestic audience but also for an international one. If one confines the comparison to the OECD countries, the Irish experience can be seen as part ...

    • "Fiscal policies, devaluations and exchange rate regimes": a comment 

      McAleese, Dermot; Alogoskoufis, George S. (Economic & Social StudiesDublin, 1992)
      A characteristic of many small countries is their propensity to compare domestic performance with that of the outside world. The Irish are much given to this practice. Different comparators are taken depending on the nature ...

    • Fiscal policies, devaluations and exchange rate regimes: the stabilisation programmes of Ireland and Greece 

      Alogoskoufis, George S. (Economic & Social StudiesDublin, 1992)
      This paper contrasts the stabilisation programmes of Ireland and Greece in the 1980s and draws out lessons for the design of such programmes in small open economies. Programmes relying on government revenue increases are ...

    • Fiscal policy and international competitiveness: evidence from Ireland 

      Galstyan, Vahagn; Lane, Philip R. (Economic & Social StudiesDublin, 2009)
      Our goal in this paper is to investigate the relation between government spending and the long-run behaviour of the Irish real exchange rate. We postulate that an increase in government consumption should be associated ...

    • Fiscal policy: some lessons from the Blue Book 

      Shaw, James J. (Statistical and Social Inquiry Society of Ireland, 1906)
      When I was asked to read a paper to this Society on the proposed changes in British Fiscal Policy which have made such a stir in recent times, I recognised at once that the subject must be treated here, not as one of ...

    • Fiscal rules, fiscal institutions, and fiscal performance 

      Von Hagen, Jurgen (Economic & Social StudiesDublin, 2002)
      Public spending is a story of some people spending other people?s money. In modern democracies, voters elect politicians to make decisions about public spending for them, and they provide the funds by paying taxes. Two ...

    • The flow of funds, 1960 - 1985 

      O'Connell, Thomas (Statistical and Social Inquiry Society of Ireland, 1986)
      This paper reviews the development over time of the financial surpluses/deficits of the different broad economic sectors, i.e., the personal sector, companies, government and the external sector. The form in which ...

    • Ireland's fiscal stabilisation ? achievements and prospects: editors' introduction 

      McAleese, Dermot; Nolan, Brian (Economic & Social StudiesDublin, 1992)
      The papers in this special issue of the Review were initially prepared for a conference of the Irish Economic Association held at Trinity College, Dublin on Thursday 19th September 1991. The purpose of the conference was ...

    • A new fiscal framework for Ireland 

      Lane, Philip R. (Statistical and Social Inquiry Society of Ireland, 2010)
      Pro-cyclicality in Irish fiscal policy has contributed to macroeconomic volatility over recent decades. Accordingly, this paper seeks to identify institutional mechanisms that can improve the performance of fiscal policy ...

    • On and off the frontier: the impact of taxes on growth 

      Boyle, G. E.; McCarthy, Thomas G. (Economic & Social StudiesDublin, 1996)
      In the context of explaining inter-country growth rates, empirical work to date finds a negligible role for the parameters of a country's taxation system. In our opinion, part of the explanation for this result is that ...

    • On the cyclicality of Irish fiscal policy 

      Lane, Philip R. (Economic & Social StudiesDublin, 1998)
      In this paper, we tackle the important issue of cyclicality in the behaviour of Irish fiscal policy. We first review arguments in favour of the optimality of countercyclical fiscal policy. Next we outline a political economy ...