Fiscal Policy and Business Cycles.

1943 ◽  
Vol 53 (209) ◽  
pp. 107
Author(s):  
Nicholas Kaldor ◽  
Alvin Hansen
Keyword(s):  
Fiscal Policy ◽  
Business Cycles

FISCAL POLICY OVER THE POSTWAR BUSINESS CYCLES: COMMENT

1968 ◽  
Vol 21 (4) ◽  
pp. 479-480
Author(s):  
D. A. L. AULD ◽  
G. BRENNAN
Keyword(s):  
Fiscal Policy ◽  
Business Cycles

Fiscal Policy and Business Cycles

1943 ◽  
Vol 9 (1) ◽  
pp. 77
Author(s):  
D. A. MacGibbon ◽  
Alvin H. Hansen
Keyword(s):  
Fiscal Policy ◽  
Business Cycles

Fiscal Policy and Business Cycles.

1941 ◽  
Vol 56 (4) ◽  
pp. 621
Author(s):  
Edward E. Lewis ◽  
Alvin H. Hansen ◽  
James Arthur Estey
Keyword(s):  
Fiscal Policy ◽  
Business Cycles

scholarly journals The Synchronization of Financial and Business Cycles in Saudi Arabia

2018 ◽  
Vol 5 (4) ◽  
pp. 32 ◽  
Author(s):  
Osama El-Baz
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Fiscal Policy ◽  
Business Cycles ◽  
Early Warning Systems ◽  
Fiscal Rules ◽  
Economic Stability ◽  
Systemic Risks ◽  
Financial Credit ◽  
Financial Cycles

Financial cycles have become vividly tracked and analyzed by regulatory authorities to avoid the buildup of excessive systemic risks in the financial system that could hamper economic growth. However, fiscal policy usually pays an exclusive attention to business cycles; which might leave fiscal outcomes vulnerable to financial sector dynamics. We investigated financial and business cycles in Saudi Arabia over the period (1970Q1- 2016Q4). The results of the BBQ cycle dating algorithm revealed that the duration of financial upturns (downturns) are longer than that for economic expansions (contractions) in means, also both the amplitude and the slope for upturns (downturns) are higher than those for expansions (contractions) in means. Moreover, financial cycle episodes are more frequent than business cycle episodes. Finally, we found empirical evidence that financial (credit) conditions are crucial for economic stability. Fiscal policy can play an important role in fostering economic growth going forward through the implementation of a countercyclical policy that allows for the accumulation of fiscal buffers and releasing them during periods of an economic slowdown, the setup of early warning systems for business and financial cycles, and the introduction of fiscal rules to limit the scope for a procyclical fiscal stance.

Macroeconomics and the Law

2019 ◽  
Vol 15 (1) ◽  
pp. 377-396
Author(s):  
Yair Listokin ◽  
Daniel Murphy
Keyword(s):  
Economic Growth ◽  
Fiscal Policy ◽  
Business Cycles ◽  
Gross Domestic Product ◽  
Productivity Growth ◽  
Financial Regulation ◽  
Institutional Arrangements ◽  
The Law ◽  
Legal Interventions

This article surveys recent work on the role of law in determining economic aggregates such as gross domestic product, unemployment, inflation, and productivity growth. We provide a brief overview of macroeconomics and discuss how legal interventions and institutional arrangements such as monetary, fiscal policy, financial regulation, and other legal changes can stabilize business cycles. Finally, we discuss the role of the law in promoting economic growth.

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