is to compensate for fiscal policy if it is too contractionary: “Fiscal policy should take risks in the direction of boldness.” While the focus on size is crucial, it is equally important not ...

Fiscal policy is a collective term for the taxing ... Monetary policies can be either contractionary or expansionary. Implementing one type of policy depends on the current economic climate ...

These cyclical changes make fiscal policy automatically expansionary during downturns and contractionary during upturns. Automatic stabilizers are linked to the size of the government and tend to be ...

By contrast, fiscal policy is often considered contractionary or “tight” if it reduces demand via lower spending. Besides providing goods and services, fiscal policy objectives vary. In the short term ...

given all of the above, more likely the expansionary fiscal policy will end up being contractionary in terms of output. This will exacerbate the crises, especially given the “initial conditions ...

Contractionary economic policy pulls money out of the economy ... These can be either fiscal or monetary in nature. The monetary policy trilemma is the inability to simultaneously have a fixed ...

Fiscal policy is a collective term for the taxing ... Monetary policies can be either contractionary or expansionary. Implementing one type of policy depends on the current economic climate ...