The Keynesian multiplier (MK) is one of the main results of Keynesian macroeconomics. Based on the MK, it is argued that expansive fiscal policy can reactivate the economy. In the following slides the basic fundamentals of ...

Background: The COVID-19 pandemic highlighted gaps in health surveillance systems, disease prevention, and treatment globally. Among the many factors that might have led to these gaps is the issue of the financing of ...

During the period in which Latin America underwent the most lasting and widespread wave of democratization, we test whether governments targeted increases in social spending to coincide with presidential elections in a ...

We explain why international nominal bonds and equity portfolios are biased domestically. In our model, holding domestic government nominal debt provides a hedge against shocks to bond returns and the impact on taxes they ...

This paper examines the role of fiscal policy, trade and energy taxes on environmental quality in Europe using disaggregated data at the monitoring station level for the 12 richest European countries spanning the period ...