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The role for counter-cyclical fiscal policy in Singapore /

Singapore's policymakers have often used fiscal policy as a counter-cyclical tool. Empirical results based on a structural autoregression framework suggest that fiscal policy can be used for demand management, although the impact may be somewhat short lived. The short-lived impact could reflect...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Eskesen, Leif Lybecker (Autor)
Autor Corporativo: International Monetary Fund. Asia and Pacific Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/8.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 4 |a The role for counter-cyclical fiscal policy in Singapore /  |c prepared by Leif Lybecker Eskesen. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c ©2009. 
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500 |a "January 2009." 
504 |a Includes bibliographical references (pages 15-16). 
520 3 |a Singapore's policymakers have often used fiscal policy as a counter-cyclical tool. Empirical results based on a structural autoregression framework suggest that fiscal policy can be used for demand management, although the impact may be somewhat short lived. The short-lived impact could reflect a number of factors, including the absence of credit-constrained economic agents, a high propensity to save among households, monetary focus on price stability, and leakages due to economic openness. Notwithstanding, fiscal policy should still play a key stabilizing role in the current downturn given the downside risks to growth and the vast fiscal space. 
588 0 |a Print version record. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2011.  |5 MiAaHDL 
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583 1 |a digitized  |c 2011  |h HathiTrust Digital Library  |l committed to preserve  |2 pda  |5 MiAaHDL 
505 0 |a I. Introduction; II. Cross-Country Evidence on the Counter-cyclical Role of Fiscal Policy; Figures; 1. Fiscal Multipliers from SVAR and Macroeconometric Models- Cross-Country Evidence; III. The Counter-cyclical Role of Fiscal Policy in Singapore; A. Empirical Approach; B. Empirical Results; 2. Fiscal Multipliers-SVAR Results; 3. Fiscal Multipliers-SVAR Results; IV. The Role for Fiscal Policy in the Current Downturn; V. Concluding Remarks; References 
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650 0 |a Fiscal policy  |z Singapore  |x Econometric models. 
650 0 |a Business cycles  |z Singapore  |x Econometric models. 
651 0 |a Singapore  |x Economic conditions  |x Econometric models. 
650 6 |a Politique fiscale  |z Singapour  |x Modèles économétriques. 
650 6 |a Cycles économiques  |z Singapour  |x Modèles économétriques. 
651 6 |a Singapour  |x Conditions économiques  |x Modèles économétriques. 
650 7 |a Business cycles  |x Econometric models  |2 fast 
650 7 |a Economic history  |2 fast 
650 7 |a Fiscal policy  |x Econometric models  |2 fast 
651 7 |a Singapore  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJpV8D6qM4JGxDqvHvtYfq 
650 7 |a Antizyklische Finanzpolitik.  |2 stw 
650 7 |a Singapur.  |2 stw 
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