Crisis, volatility and fiscal policy in Latin America

Includes bibliography

Macroeconomic challenges of fiscal decentralization in Latin America in the aftermath of the global financial crisis

Incluye Bibliografía

La política fiscal en tiempos de crisis: efectos macroeconómicos del superávit primario

Incluye Bibliografía

Fiscal policy in times of crisis: macroeconomic effects of the primary surplus

Includes bibliography

Ajuste externo y crisis fiscal

Incluye Bibliografía

Ajuste externo y crisis fiscal

Documento ILPES, 1

Medidas autonómicas sobre los tributos propios y cedidos en un contexto de crisis económica y reforma fiscal

La presente colaboración contiene un pormenorizado estudio del ejercicio del poder tributario de las Comunidades Autónomas tanto en el ámbito de los tributos propios como de los tributos cedidos por el Estado. Se analizan, de este modo, las medidas adoptadas en los últimos años en materia de IRPF, ISD, IP, ITPAJD y tributos sobre el juego, además de las últimas tendencias normativas en relación con los tributos propios. El trabajo concluye con una reflexión acerca de la razón de ser y consecuencias de estas actuaciones normativas, enmarcadas en un contexto de crisis económica y reforma fiscal.

Austeridad fiscal vs gasto ubernamental: historia de la crisis europea = Fiscal austerity versus governmental spending: history of the European crisis. Jean Monnet/Robert Schuman Papers Series Vol. 13 No. 8, June 2013

No abstract.

Fiscal policy, banks and the financial crisis. National Bank of Belgium Working Paper No. 234, October 2012

This paper studies the effectiveness of Euro Area (EA) fiscal policy, during the recent financial crisis, using an estimated New Keynesian model with a bank. A key dimension of policy in the crisis was massive government support for banks—that dimension has so far received little attention in the macroeconomics literature. We use the estimated model to analyze the effects of bank asset losses, of government support for banks, and other fiscal stimulus measures, in the EA. Our results suggest that support for banks had a stabilizing effect on EA output, consumption and investment. Increased government purchases helped to stabilize output, but crowded out consumption. Higher transfers to households had a positive impact on private consumption, but a negligible effect on output and investment. Banking shocks and increased government spending explain half of the rise in the public debt/GDP ratio since the onset of the crisis.

Fiscal policy and the energy crisis. Hearings, Ninety-third Congress, first [and second sessions.]

Hearings held Nov. 27, 1973-Jan. 29, 1974