In Econ 101, students are taught that fiscal policy should be counter-cyclical, meaning that when the economy is at full-employment (4% or lower) there shouldn’t be a deficit – perhaps ...

However, in the above mentioned paper I show not only the asymmetric nature of business cycles, but also that counter-cyclical fiscal policy is only effective provided the level of debt to GDP is ...

In contrast, fiscal policy measures, such as infrastructure spending or tax reforms, can have broader and longer-term implications for economic growth and development. On counter-cyclical fiscal ...

Counter-cyclical policies refer to measures intended to ... The gathering, which wraps up Friday, is widely expected to ...

The biggest step is of course the income-tax relief for the salaried taxpayer. It will give a big boost to the disposable ...

While China has long adhered to an "active fiscal policy", the decision to adopt a "more proactive" stance underscores a shift to counter-cyclical measures that reflect the current economic reality.