scholarly journals Understanding the Size of the Government Spending Multiplier: It's in the Sign

2021 ◽  
pp. 1.000-48.000
Author(s):  
Regis Barnichon ◽  
◽  
Davide Debortoli ◽  
Christian Matthes ◽  
◽  
...  
Keyword(s):  
Theoretical Model ◽  
Financial Markets ◽  
Government Spending ◽  
The State ◽  
Nominal Wage ◽  
Narrative Approach ◽  
Simple Theoretical Model ◽  
The Government ◽  
Positive Shock ◽  
Negative Shock

This paper argues that an important, yet overlooked, determinant of the government spending multiplier is the direction of the fiscal intervention. Regardless of whether we identify government spending shocks from (i) a narrative approach, or (ii) a timing restriction, we find that the contractionary multiplier- the multiplier associated with a negative shock to government spending- is above 1 and largest in times of economic slack. In contrast, the expansionary multiplier- the multiplier associated with a positive shock- is substantially below 1 regardless of the state of the cycle. These results help understand seemingly conflicting results in the literature. A simple theoretical model with incomplete financial markets and downward nominal wage rigidities can rationalize our findings.

“We Sleep with One Eye Open”: Exploring the Experiences of Churches in Rivers State, Nigeria

2019 ◽  
Vol 54 (8) ◽  
pp. 1262-1279 ◽  
Author(s):  
George C Nche ◽  
Chikodi Wachukwu ◽  
Chinyere T Nwaoga ◽  
Ekene M Mokwenye ◽  
Prince Agwu ◽  
...  
Keyword(s):  
Older People ◽  
Church Leaders ◽  
The State ◽  
High Rate ◽  
Narrative Approach ◽  
Armed Robbery ◽  
The Face ◽  
The Government ◽  
Negative Impacts ◽  
Rivers State

In instances of insecurity in many societies, churches “also” suffer. Yet there is a dearth of literature exploring the experiences of churches in connection with situations of insecurity. This study, therefore, explored the experiences of churches in the face of the high rate of insecurity in Rivers State, Nigeria. Information was elicited from 16 church leaders of different denominations in different communities in Rivers State. Using a descriptive narrative approach, the study found that churches’ experiences in some communities in the state are reflections of helplessness and despair due to the incidences of cultism, kidnapping, armed robbery, etc. Many churches in some of the embattled communities have been deserted or left with a few older people. This has had negative impacts on evangelism and the churches’ economy, with the clergy at the receiving end. The implications of findings for the government and churches are discussed.

scholarly journals MODEL KAUSALITAS DAN GUNCANGAN BELANJA PEMERINTAH TERHADAP PRODUK DOMESTIK BRUTO DI INDONESIA

2018 ◽  
Vol 11 (2) ◽  
pp. 75-100
Author(s):  
Edy Sutriono
Keyword(s):  
Government Spending ◽  
Capital Expenditure ◽  
Social Assistance ◽  
Economic Education ◽  
The State ◽  
State Budget ◽  
Role Of Government ◽  
First Semester ◽  
The Government ◽  
Using Data

This research was conducted in the first semester of 2018 aimed at determining whether there is a causal and respond relationship between government spending and GDP using data from 2005 to 2017. The method used is Granger Causality and Vector Autoregression. The results of the study state that employee spending, goods expenditure, economic and tourism functions and culture influence reciprocal GDP, while capital expenditure, social assistance, education and health functions only influence GDP. Employee spending shocks, social assistance, health functions have no significant effect and are responded to by GDP, while shocks to goods, capital, economic, education, tourism and cultural spending are very influential and are responded to by GDP. The implication for the government is in compiling the next fiscal measures and policies in allocating expenditure in the APBN to increase the role of government spending to be able to increase gross domestic product and the national economy. For the general public, as the mandate of the State Budget, it can better know the direction and impact of the State Budget on the economy.

scholarly journals The myth of the shrinking state? What does the data show about the size of the state in New Zealand, 1900-2015

2016 ◽  
Vol 12 (3) ◽  
Author(s):  
Norman Gemmell ◽  
Derek Gill
Keyword(s):  
New Zealand ◽  
Government Spending ◽  
Economic Reforms ◽  
The State ◽  
Labour Government ◽  
Shipping Line ◽  
Trading Activities ◽  
The Government

As every student knows, the economic reforms of the fourth Labour government after 1984 reduced the size of the state. One of the elements of the government’s programme of economic liberalisation was to exit from state trading activities by first corporatising and then privatising the activity. The trading activities in question ranged from telecommunications and banks to hotels, a printing business and a shipping line. In 1984 government spending was about 40% of GDP, and the government employed 31% of the workforce.

scholarly journals KONSEP PENGELOLAAN KEUANGAN ISLAM MENURUT PEMIKIRAN ABU UBAID

2018 ◽  
Vol 4 (1) ◽  
pp. 64
Author(s):  
Mohammad Ghozali ◽  
Ria Khoirunnisa
Keyword(s):  
Government Spending ◽  
Research Study ◽  
Secondary Data ◽  
Research Literature ◽  
The State ◽  
Tax Revenue ◽  
Balance Budget ◽  
Distribution Of Wealth ◽  
Library Research ◽  
The Government

The State compile a variety of planning that aims to realize the prosperity evenly. In the concept of BaitulMaal it is balance budget. The concept that emphasizes on the balance between the budget accepted by the budget issued. Thus, Islam allows the debtor but doesnot recommend. In the management of State finances, the Messenger as the leader is always trying to implement policies aimed at kemashlahatan of the Muslims. Abu Ubaid in Al-Amwal, who explained that the distribution of wealth in a fair and equitable should be based on the principles of good fiscal justice and perfect as possible. One of the biggest sources of funding over the financing of all government spending gained at this time is through taxes. In Indonesia it is the backbone of the tax revenue of the State. Therefore, in order for tax not incriminating peng in the community then the Government of Indonesia to make related the poll rules. The existence of such a regulation is expected to appropriate tax proportional voting so that no one is harmed. Therefore, the Government of Indonesia sought to maintain the principle of fairness in the poll tax, namely by improving tax laws if found weaknesses in it. However, improvements for thesake of improvement Government Indonesia has done is not bearing fruit, even saw unfairly. So from this it takes an alternative rule that can manifest justice in society. This research uses a type of research literature (library research) with the theoretical approach. This research study using the method of analysis and critique of the studyresearch. This research using primary and secondary data. Methods of data analysis, using inductive techniques descriptive. The results of this research is the essence of thought Abu Ubaid on managing the finances of the State. This can be substantiated after review paradigm revenue from public ownership and State As like, sadaqah, kharaj, & ursy and khumus zakat, Jizya, and others that are tied to the halal-haram defined by Sharia law.Keywords: Management Of Public Finances Of Abu Ubayd, Baitul Maal

Can Government Purchases Stimulate the Economy?

2011 ◽  
Vol 49 (3) ◽  
pp. 673-685 ◽  
Author(s):  
Valerie A Ramey
Keyword(s):  
United States ◽  
Government Spending ◽  
Theoretical Work ◽  
The United States ◽  
The State ◽  
Empirical Estimates ◽  
Government Purchases ◽  
The Government ◽  
Stimulus Package

This essay briefly reviews the state of knowledge about the government spending multiplier. Drawing on theoretical work, aggregate empirical estimates from the United States, as well as cross-locality estimates, I assess the likely range of multiplier values for the experiment most relevant to the stimulus package debate: a temporary, deficit-financed increase in government purchases. I conclude that the multiplier for this type of spending is probably between 0.8 and 1.5. (JEL E23, E62, H50)

Some aspects of the idea of unity V. Solovyov and the present

2000 ◽  
pp. 20-25
Author(s):  
O. O. Romanovsky
Keyword(s):  
Nineteenth Century ◽  
National Policy ◽  
The State ◽  
Place Of Residence ◽  
The Government ◽  
The University ◽  
Temporary Closure

In the second half of the nineteenth century, the nature of the national policy of Russia is significantly changing. After the events of 1863 in Poland (the Second Polish uprising), the government of Alexander II gradually abandoned the dominant idea of ​​anathematizing, whose essence is expressed in the domination of the principle of serving the state, the greatness of the empire. The tsar-reformer deliberately changes the policy of etatamism into the policy of state ethnocentrism. The manifestation of such a change is a ban on teaching in Polish (1869) and the temporary closure of the University of Warsaw. At the end of the 60s, the state's policy towards a five million Russian Jewry was radically revised. The process of abolition of restrictions on travel, education, place of residence initiated by Nicholas I, was provided reverse.

Russia in 2000-2004: Heading towards State Capitalism?

2004 ◽  
pp. 42-65 ◽  
Author(s):  
A. Radygin
Keyword(s):  
The State ◽  
Private Business ◽  
Private Companies ◽  
State Capitalism ◽  
The Government

The paper deals with one of the characteristic trends of the 2000s, that is, the government's property expansion. It is accompanied by attempts to consolidate economic structures controlled by the state and state-owned stock packages and unitary enterprises under the aegis of holdings. Besides the government practices selective severe enforcement actions against a number of the largest private companies, strengthens its control over companies with mixed capital and establishes certain informal procedures of relationships between private business and the state. The author examines the YUKOS case and the business community's actual capacity to protect its interests. One can argue that in all likelihood the trend to the 'state capitalism' in its specific Russian variant has become clearer over 2003-2004.

Transiting into Singaporean identity: Immigration and naturalisation policy

2015 ◽  
Vol 13 (1) ◽  
pp. 33-48 ◽  
Author(s):  
Mathews Mathew ◽  
Debbie Soon
Keyword(s):  
Manpower Planning ◽  
The State ◽  
Comparative Perspective ◽  
Policy Discourse ◽  
Optimal Composition ◽  
Skilled Labour ◽  
Planning Policy ◽  
The Government ◽  
The Ideal

Debates in Singapore about immigration and naturalisation policy have escalated substantially since 2008 when the government allowed an unprecedentedly large number of immigrants into the country. This essay will discuss immigration and naturalisation policy in Singapore and the tensions that have been evoked, and how these policies are a key tool in regulating the optimal composition and size of the population for the state’s imperatives. It will demonstrate that although the state has, as part of its broader economic and manpower planning policy to import labour for economic objectives, it seeks to retain only skilled labour with an exclusive form of citizenship.  Even as the Singapore state has made its form of citizenship even more exclusive by reducing the benefits that non-citizens receive, its programmes for naturalising those who make the cut to become citizens which include the recently created Singapore Citizenship Journey (SCJ) is by no means burdensome from a comparative perspective. This paper examines policy discourse and the key symbols and narratives provided at naturalisation events and demonstrates how these are used to evoke the sense of the ideal citizen among new Singaporeans. 

Esensi Dan Urgensi Pengeluaran Pemerintah Untuk Pembangunan Daerah

2019 ◽  
Vol 4 (1) ◽  
pp. 1-12
Author(s):  
Luciana L. Nahumuri
Keyword(s):  
Sustainable Development ◽  
Regional Development ◽  
Government Spending ◽  
Government Expenditure ◽  
The State ◽  
Future Generations ◽  
State Revenue ◽  
State Expenditure

The essence and urgency of government expenditure for regional development is very crucial in realizing sustainable development, meaning that government spending must meet current needs without compromising the fulfillment of the needs of future generations. The higher the state revenue, the higher the state expenditure for regional development. Thus, an increase in understanding of government expenditure for regional development in a sustainable manner must be carried out with the principle of prudence in this country.

Blockchain technologies and their application in governmentadministration

2019 ◽  
pp. 182-190
Author(s):  
Myroslav Kosіak ◽  
Inna Kosіak
Keyword(s):  
The State ◽  
Public Authorities ◽  
Property Insurance ◽  
Data Registration ◽  
State Management ◽  
Digital World ◽  
Blockchain Technology ◽  
The Government ◽  
Historical Comparative ◽  
Methods Analytical

The purpose of the article. The article considers the Blockchain technology asan innovative tool. In particular, the essence and background of the developmentof blocks, the principles and specifics of the functioning of the system, as well asthe scheme of its work, are determined. The article presents the prospects forusingdistributed registry technologies (blockchain) in various socioeconomic spheresrelated to state administration. Provided examples and forecasts of the use ofblockchain technologies in the provision of state and municipal services forindividuals and legal entities in the following areas: formation of a unified registercontaining the history of the placement of the state, municipal order, as well asprocurement of corporations with state participation and / or control; registers ofdocuments (diplomas, certificates, lost and disavowed passports, policies for movableand immovable property insurance, health, etc.); database of court decisions andexecutive proceedings; public participation portals for citizens of Ukraine district- city – country. The fact that the blockchain technology is, first of all, theprinciples, and not the only possible way of implementing them, allows us to counton maximum openness and multivariate application in a dynamically changingchanging«digital world». Methodology. The research methodology is to use a combinationof methods: analytical, historical, comparative. The scientific novelty. The priorityof state blockchain systems introduction in stationary and distant voting, distributeddocument circulation, medical data registration, land resources registration,electronic auctions (auctions) in Ukraine was grounded. Conclusions. Already today,blockchain systems can change the role and participation of citizens in the conductof the state-management process, by raising the responsibility level, from thetransparent will expression in the elections to regulating the government serviceactivity in the society’s digitization conditions. The main advantages blockchainsystems using by public authorities that will increase the level of citizens trust todigital technologies using in general, namely: reliability and reliability of datastorage, transparency of transactions and virtually absolute protection of informationfrom distortion and unauthorized removal (relocation), are determined. In furtherscientific research it is proposed to consider the promising areas of the blockchaindigital technology usage: service activities of public authorities, legal proceedings,property rights management, implementation of migration control, verification ofgoods and services, registration of data on passing qualifying tests, patenting,intellectual property, digital identification, logistics , taxation, accounting ofbudget funds movement.

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