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1. |
Record Nr. |
UNINA9910464241803321 |
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Autore |
Leigh Daniel |
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Titolo |
Fiscal and monetary policy during downturns [[electronic resource] ] : evidence from the G7 / / prepared by Daniel Leigh and Sven Jari Stehn |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, Fiscal Affairs Dept, 2009 |
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ISBN |
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1-4623-1542-9 |
1-4527-0668-9 |
1-4518-7198-8 |
9786612842726 |
1-282-84272-2 |
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Descrizione fisica |
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1 online resource (23 p.) |
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Collana |
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IMF working paper ; ; WP/09/50 |
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Altri autori (Persone) |
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Soggetti |
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Fiscal policy |
Monetary policy |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; I. Introduction and Summary; II. Event-Study Analysis; A. Data and Methodology; B. Results; Tables; 1. How Often and Quickly did Fiscal Stimulus Arriva During Downturns?; III. Vector-Autoregression (VAR) Analysis; A. Methodology; 2. How Often and Quickly did Fiscal Stimulus Arrive During Upturns?; B. Baseline Results; Figures; 1. How Strongly do Fiscal and Monetary Policy Respond?; 2. How does the Response Vary Across Fiscal Instruments and G7 Members?; 3. How Robust is the Response to the Cyclical Indicator?; C. Asymmetry; 4. Is There a Bias Towards Easing in Downturn? |
D. Policy in Real Time5. Errors in Identifying Negative Growth in the G7; 3. How Reliable are Preliminary Growth Estimates?; 6. Has Policy Erroneously Responded to Perceived Growth Shocks?; IV. Case Study: Have U.S. Tax Cuts Been Timely and Temporary?; V. Conclusion; 4. Legislated Tax Changes During Downturns; 5. Summary of Countercyclical Tax Changes; References |
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Sommario/riassunto |
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This paper analyzes how fiscal and monetary policy typically respond |
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during downturns in G7 countries. It evaluates whether discretionary fiscal responses to downturns are timely and temporary, and compares the response of fiscal policy to that of monetary policy. The results suggest that while responding more weakly and less quickly than monetary policy, discretionary fiscal policy is more timely than conventional wisdom would suggest, particularly in "Anglo-Saxon" countries, but the response differs substantially across fiscal instruments. Both fiscal and monetary policy are found to be subj |
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2. |
Record Nr. |
UNINA9910968438903321 |
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Titolo |
Water trading and global water scarcity : international experiences / / edited by Josefina Maestu |
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Pubbl/distr/stampa |
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Abingdon, Oxon ; ; New York, N.Y. : , : Routledge, , 2013 |
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ISBN |
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0-203-08415-2 |
1-283-89440-8 |
1-136-18980-7 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (377 p.) |
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Collana |
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RFF Press water policy series |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Water transfer |
Water-supply - International cooperation |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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pt. I. Water trading experiences -- pt. II. Concerns about water trading and how are we dealing with them -- pt. III. Reforms to overcome legal and institutional barriers to trading -- pt. IV. Incentives and prices in water trading. |
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Sommario/riassunto |
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Water scarcity is an increasing problem in many parts of the world, yet conventional supply-side economics and management are insufficient to deal with it. In this book the role of water trading as an instrument of integrated water resources management is explored in depth. It is also shown to be an instrument for conflict resolution, where it may be necessary to reallocate water in the context of increasing scarcity. |
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