This paper assesses the roles of shocks, rules, and institutions as possible sources of procyclicality in fiscal policy. By employing parametric and nonparametric techniques, I reach the following ...

This paper proposes anchoring medium- to long-term fiscal policy in a Public Sector Net Worth (PSNW) target. Such a target widens the scope of fiscal policy to include public sector assets, in ...

Therefore, when investors are caught in an “unstoppable” bull market, we must revert to price analysis and trading rules to ...

MPAA revenue and gross profit are up, but persistent non-cash charges, erratic cash flows, and FX volatility cloud true ...

You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. U.S. Bureau of Labor Statistics. "Monthly Labor Review: Unemployment Rises in 2020 ...

The next few years will include several predictable fiscal policy deadlines that will force congressional action. Many of the deadlines could bring additional costs if Congress acts irresponsibly, or ...

Here are the latest updates as the policy reverberates around the world ... of up to $150 million to our cost of goods sold in fiscal year 2026 and with the related yet-to-be-determined impact ...

President Trump continues to press Congress to deliver a comprehensive legislative package that he's dubbed "one big, beautiful bill," with a significant emphasis on tax policy. On his social ...

We construct quarterly series of the revenues, expenditures, and debt outstanding for Japan from 1980 to 2010, and analyze the sustainability of the fiscal policy. We pursue three approaches to ...

China will enact more proactive fiscal policy and moderately loose monetary policy with detailed measures to be delivered at the two sessions the next year, said an official on Saturday. The two ...