Multipliers of expected vs. unexpected fiscal shocks: The case of Korea
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DOI: 10.1016/j.econmod.2019.05.021
Abstract: Abstract We compare the multipliers of expected and unexpected fiscal shocks. In doing so, we consider that the future path of fiscal policy is anticipated to some degree, and incorporate this characteristic into a news… read more here.
Keywords: fiscal shocks; unexpected fiscal; multipliers expected; shocks case ... See more keywords
Fiscal Shocks, Budgetary Pressures, and Public Education Expenditure Stabilization
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DOI: 10.1080/01900692.2020.1859531
Abstract: Fiscal shocks exert budgetary pressures on school districts and constrain their ability to provide public education. An emerging literature examines the role of fiscal reserves to mitigate expendit... read more here.
Keywords: shocks budgetary; budgetary pressures; pressures public; public education ... See more keywords