What Is the Role of Fiscal Policy?

The effects of fiscal policy, which is the result of the role of fiscal policy, have both positive and negative effects. For a policy to be efficient or inefficient, it can generally be evaluated by a comparative analysis of policy costs and policy benefits.

Fiscal policy effect

Basic information on fiscal policy effects

Title: Effect of Fiscal Policy

Author: Wang Liyong

Publisher: Renmin University of China Press

Publication time: May 1, 2010

ISBN: 9787300120812

Folio: 16

Price: 22.00 yuan

Brief Introduction of Fiscal Policy Effect

"Fiscal Policy Effects: Theoretical Research and Empirical Analysis" is based on the research paradigm of "theoretical analysis and empirical support of theoretical hypotheses". First, based on the theoretical analysis of foreign fiscal policy effects, theoretical analysis and mathematical derivation of China's fiscal policy effects The basic hypothesis that forms the research mainly includes the automatic stabilizer effect of fiscal policy, and the choice of fiscal policy countercyclicality. The non-linear effects of fiscal policy on economic growth and private consumption are several aspects. Next, the authors use HP filtering.

"Fiscal Policy Effect"

Fiscal policy is the main means of government macro regulation and control and is an important issue in the field of economics. The effect of fiscal policy has increasingly become one of the key research contents of scholars at home and abroad, and it has always been the focus of debate and debate in the field of fiscal theory and practice. State space model. The Markov system transfer model, the Markov system transfer vector autoregressive model, other econometric models, and time series analysis methods test the theoretical hypotheses established in the previous section. The empirical results are explained.

The study of "Fiscal Policy Effect: Theoretical Research and Empirical Analysis" has great theoretical and practical significance. It can promote the development and improvement of China's fiscal policy theory and macro-control practice, which is conducive to improving the macro-control system and improving the efficiency of macro-control.

Fiscal policy effects

Wang Liyong, male, Yantai, Shandong, PhD in economics, associate professor, assistant dean of the School of Economics, Central University of Finance and Economics, deputy director of the Department of National Economy. The main research directions are applied econometrics, macroeconomic econometric analysis and policy evaluation, and economic growth. Published more than 50 academic papers in "Economic Research", "World Economy", "Economic Trends", "Quantitative Economic Technology and Economic Research" and other magazines. Two of them were included in the EI core, and many were reprinted or awarded. He presided over one National Social Science Fund project, two provincial ministry projects, and participated in more than 30 national and provincial ministry projects. He is also a director of the Chinese Quantitative Economics Association, a director of the China Society for Macroeconomic Management Education, and a researcher at the China Enterprise Merger and Reorganization Research Center.

Fiscal Policy Effect Book Catalog

introduction

The first section of the question and the significance of the topic

Definition of basic concepts

Section III Research Ideas

Section 4 Structural Arrangement

Section 5 Data Source, Analysis Cycle and Data Processing

Chapter 1 Literature Review

Section 1 Literature Review of the Stability Effects of Fiscal Policy Cycles

Section 2 Literature Review of the Effects of Fiscal Policy on Economic Growth

Section 3 Effect Space of Fiscal PolicyA Literature Review of Fiscal Policy Sustainability

Chapter Two Theoretical Study of Fiscal Policy Effects

Section 1 The Development of the Western School Fiscal Policy Theory

Section Two: Theoretical Differences in Western Fiscal Policy Effects

Section III Theoretical Analysis and Mathematical Derivation of China's Fiscal Policy Effect

Chapter III Empirical Test of the Stability Effect of Fiscal Policy Cycles

Section 1 Estimation of China's Potential Output and Output Gap

Section 2 Estimation of China's Structural Budget Balance and Periodic Budget Balance

Section 3 Test of China's Fiscal Policy Automatic Stabilizer Effect

Section 4: Counter-cyclical Inspection of Fiscal Policy in China

Section 5 Basic conclusions

Chapter 4 Testing of Nonlinear Effects of Fiscal Policy on Economic Growth

Section 1 Choice of Test Methods for Nonlinear Effects of Fiscal Policy

Section 2 Establishment of Test Model for Nonlinear Effects of Fiscal Policy

Section III Empirical Results and Analysis of Nonlinear Effects

Section 4 Empirical Test of Nonlinear Effect "Explanation of Subject Expectations" in China

Section 5 Basic conclusions

Chapter V Testing of Nonlinear Effects of Fiscal Policy on Private Consumption

The first section empirical method selection and model description

Section 2 Empirical Test Results and Analysis of Nonlinear Effects

Section 3 Reasons for Nonlinear Effects

Section 4 Basic conclusions

Chapter 6 Research on Asymmetric Effects and Sustainability of Fiscal PolicyAnalysis Based on Structural Budget

Research on the Output Effect and Inflation Effect of Fiscal Policy

Research on the Asymmetric Effects of Fiscal Policy

Research on Sustainability of Fiscal Policy

Section 4 Basic conclusions

Chapter VII Summary

references

postscript