Last edited by Kagakasa
Wednesday, July 22, 2020 | History

2 edition of impact of inflation on budgetary discipline found in the catalog.

impact of inflation on budgetary discipline

Joshua Aizenman

impact of inflation on budgetary discipline

by Joshua Aizenman

  • 361 Want to read
  • 6 Currently reading

Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

    Subjects:
  • Inflation (Finance) -- Econometric models.,
  • Finance, Public -- Econometric models.

  • Edition Notes

    StatementJoshua Aizenman, Ricardo Hausmann.
    SeriesNBER working paper series -- 5338
    ContributionsHausmann, Ricardo., National Bureau of Economic Research.
    The Physical Object
    Pagination33p. :
    Number of Pages33
    ID Numbers
    Open LibraryOL17539915M

    2 days ago  Poverty is a multidimensional problem that goes beyond economics to include, among other things, social, political, and cultural issues. Therefore, solutions to poverty cannot be based exclusively on economic policies, but require a comprehensive set of well-coordinated ://   The effects of a government's budget on society and the political economy are of considerable concern to economists as well as to consumers and taxpayers. The original contributions in this book analyze all of the budget's components expenditures, revenues, the deficit - with a special emphasis on issues that have assumed increasing importance over the last decade or so, such as

    Impact is dependent on the rate and timing of adjustment made in public service salary structure. Automatic adjustments will lead to greater government outlays: Transfer Payments: Interest and debt retirement: Positive/Negative: Impact is dependent on size of debt, level of interest rates, and rate of :// 2 days ago  Budgetary restraint should be viewed as an opportunity to make an economic virtue out of fiscal necessity. Simply stated, most government spending has a negative economic ://

      were determined based on an impulse response in inflation as part of a VAR. Last observation: 23 June Markedly positive estimated effects of monetary policy measures on financing conditions, inflation and economic growth Financing conditions in the euro area (index) Estimated impact of the monetary policy measures taken since March ~   discipline in the presence of arbitrary resource allocation and inefficient operations is inherently unsustainable. Fiscal discipline has a close relation with the control of budget magnitudes effectively and it assumes a binding role on both macro level and expenditure unit by means of ex-penditure ceilings (Allen, Tommasi, , p)


Share this book
You might also like
Drafting for Industry

Drafting for Industry

Strategies for social development

Strategies for social development

ARUZE CORP.

ARUZE CORP.

Algebra and analysis

Algebra and analysis

Geologic investigations in the Blue Ridge of northwestern North Carolina

Geologic investigations in the Blue Ridge of northwestern North Carolina

Athletic Administration

Athletic Administration

Dawn of the ice bear

Dawn of the ice bear

PBS We Like the Beach Brd Bk (Pebble Soup)

PBS We Like the Beach Brd Bk (Pebble Soup)

Australian wheat varieties

Australian wheat varieties

Probate code manual

Probate code manual

Roll of honour.

Roll of honour.

To tame a land

To tame a land

Impact of inflation on budgetary discipline by Joshua Aizenman Download PDF EPUB FB2

A stronger center would be able to impose discipline by invoking more effective penalty (higher c), implying both lower realized costs of monitoring, as well as more frequent budget revisions. Volatility and budgetary discipline. We conclude this section by noting that inflation and volatility change the budgetary process in a fundamental :// Get this from a library.

The Impact of Inflation on Budgetary Discipline. [Ricardo Hausmann; Joshua Aizenman; National Bureau of Economic Research;] -- This paper investigates budgetary rules for an economy characterized by inflation and volatile relative prices. We view the budgetary process as a limited contingencies contract between the treasury COVID Resources.

Reliable information about the coronavirus (COVID) is available from the World Health Organization (current situation, international travel).Numerous and frequently-updated resource results are available from this ’s WebJunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus Downloadable.

This paper investigates budgetary rules for an economy characterized by inflation and volatile relative prices. We view the budgetary process as a limited contingencies contract between the treasury and the ministers. The budgetary process allows a minister, whose realized real budget falls short of a threshold, to ask for a treasury, the minister obtains the extra funds needed Downloadable (with restrictions).

This paper investigates budgetary rules for an economy characterized by inflation and volatile relative prices. We view the budgetary process as a limited contingencies contract between the treasury and the ministers. The budgetary process allows a minister, whose realized real budget falls short of a threshold, to ask for a treasury, the minister obtains the The impact of inflation on budgetary discipline Article in Journal of Development Economics 63(2) December with Reads How we measure 'reads' /_The_impact_of_inflation_on_budgetary_discipline.

The Impact of Inflation on Budgetary Discipline Impact of inflation on budgetary discipline book Aizenman, Ricardo Hausmann. NBER Working Paper No. Issued in November NBER Program(s):Monetary Economics This paper investigates budgetary rules for an economy characterized by inflation and volatile relative We begin with an overview of U.S.

government spending and taxes. We then discuss fiscal policy from a short-run perspective; that is, how government uses tax and spending policies to address recession, unemployment, and inflation; how periods of recession and growth affect government budgets; and the merits of balanced budget ://   supply, inflation expectation and international food price.

The long run determinants of non-food inflation, on the other hand, are money supply, interest rate and inflation expectations. In the short run model, wages, international prices, exchange rates and food supply are found to be prime sources of inflation.

There Going Research/KibromCombined What will emerge, if you stick with me, is a call for a new way of thinking about budgetary discipline, one that replaces the conventional notion of a financial budget constraint with a real resource constraint centered on maintaining the value of the currency.

Along the way, I’ll aim to clear up some misconceptions and misrepresentations The effects of fiscal and monetary discipline on budgetary outcomes Article in Contemporary Economic Policy 25(2) April with 74 Reads How we measure 'reads'   inflation, Keynes postulated that aggregate demand can increase also due to an increase in real factors.

Keynes expressed his view on inflation in his book, How to Pay for the War (), wherein he gave the concept of inflationary gap. Inflationary gap is defined as the planned expenditure in excess of output available at full Introduction Background Of The Study.

Performance evaluations have been considered as one of the core problems facing our organization today, to measure manpower and machinery contributions to actualize the mandate of the organization. in recent years, this problems have been attributed to the large dispention of fund (cash) which most times have caused over seen in management Inflation; Current account b of p; UK economic periods.

s and s – Austerity, rationing, war debt, but full employment, the new welfare state and rising living standards. s – The ‘You’ve never had it so good era’ starts to unwind.

s – The Era of Discontent. Strikes, 3 day weeks, inflation   ADVERTISEMENTS: Inflation and unemployment are the two most talked-about words in the contemporary society. These two are the big problems that plague all the economies.

Almost everyone is sure that he knows what inflation exactly is, but it remains a source of great deal of confu­sion because it is difficult to define it unam­biguously.

[ ] ‘The discipline system is focussed on the values project.’ ‘It goes back to the basics of art in film by a self-imposed discipline of 10 ‘rules'.’ ‘Self-regulation would be fine in an environment in which the normal disciplines of the market, including bankruptcy in some extreme cases, were allowed to function in full.’   Wijewardena and De Zoysa () perceive that the impact of budget planning and budgetary control on performance may vary from firm to firm depending on the extent of its use.

The greater extent of the formal budgeting process should have a positive impact    The macro-economic impact of disasters Lessons learned 3. Public finance and disasters 35 Background Broad fiscal impact of disasters Disaggregated re-examination of public finances External aid Is reallocation an appropriate solution.

Longer-term budgetary impact of disasters and related risk management activities   Title: The Nonmonetary Determinants of Inflation: A Panel Data Study - WP/98/23 Created Date: 3/13/ AM Budgetary specialists feel that controlling food inflation in India is an intense undertaking, as the nation is dependent on the downpours for horticultural development.

Also, the arrangement of bringing import duties up amid surplus and executing export bans during deficiencies has not helped as it has brought about a closed food ://. In the aftermath of crises, the state of public finances, the quality of budgetary surveillance, and the determinants of fiscal discipline typically regain prominence in the policy agendas.

This happened in the EU and the euro area in two recent instances: after the recession that began in and extended until (WyploszFatás and Mihov ), and after the Covid crisis in   three products export is also due to budgetary constrains faced in the country.

It makes it difficult for the government to implement a growth strategy on all the cash crops. Thus it will be wise for states to target certain cash crops that contribute most to her economic growth such as the aforementioned cash crops. STATEMENT OF THE   fiscal discipline, but generally poses two different sorts of problems.

On the one hand, or the impact of the inflation rate on wages are in some countries poorly taken into account when preparing the budget. Also, particular interests and political pressures may affect budget in the budgetary sense, varies from one budget system to