The Effect of Fiscal Policy on Economic Activity as a Function of Cyclical Conditions and the Fiscal System (notice n° 157575)
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| fixed length control field | 01466cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112031929.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Hénin, Pierre-Yves |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | The Effect of Fiscal Policy on Economic Activity as a Function of Cyclical Conditions and the Fiscal System |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2001.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 5 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | An evaluation of interactions between macroeconomic activity and fiscal policy measured by a balance variable proves disappointing if carried out using a linear reduced-form VAR model. This study adopts an alternative representation, based on Hamilton’s work, which allows a model’s coefficients to vary according to the phase of the cycle and the fiscal system. The effect of fiscal policy on activity is thus reappraised for four OECD countries, first as a function of the cyclical phase and then of mixed systems in relation to cyclical conditions and fiscal policy trends. In several cases, non-neutral, classical or Keynesian effects on the budget were found to be specific to certain systems, although they did not emerge in a linear model. The American situation seemed to be closest to traditional a priori macroeconomics, with significant Keynesian effects in recession. |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Diaye, Pape N. |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 147 | 1 | 2001-02-01 | p. 73-88 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2001-1-page-73?lang=en">https://shs.cairn.info/journal-economie-et-prevision-1-2001-1-page-73?lang=en</a> |
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