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Definition: When the government initiates tax and spending policies designed to change aggregate demand in the economy. << Go back; ... ; Home ;
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www.moneyglossary.com/?w=Discretionary+Fiscal+Policy
www.moneyglossary.com/?w=Discretionary+Fiscal+Policy
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Economic policy - Wikipedia, the free encyclopedia
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Economic policy refers to the actions that governments take in the economic field. It covers the systems for setting interest rates and government budget as well as the labour market, national owners...
en.wikipedia.org/wiki/Economic_policy
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Such a policy would increase the risk of asset price bubbles and of a misaligned exchange rate. Discretionary fiscal policy provides an alternative way to stimulate the economy when aggregate demand and interest rates are low and when prices are falling or may soon be falling.
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ideas.repec.org/p/nbr/nberwo/9203.html
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This chapter describes the government mandates (discretionary fiscal policy) to stabilize national output, employment, economic growth and inflation. It examines the use of fiscal policy during contractionary and expansionary gaps through aggregate demand and aggregate supply model.
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www.gsu.edu/~ecomaa/chap13~1.htm
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With the talk from both sides of the ideological aisle promoting discretionary fiscal policy (see Reuters, NYT, Economist's View, Krugman) I thought it useful to refer to the feasibility and advisability of such approaches.
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www.econbrowser.com/archives/2008/01/a_textbook_anal.ht...
www.econbrowser.com/archives/2008/01/a_textbook_anal.html
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It is important to note that in the United States, discretionary fiscal policy has only a minor role when dealing with the economy. This is not to say that the government sector is unimportant, but current debates regarding fiscal policy are not orientated towards counteracting the business cycle.
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www.colorado.edu/Economics/courses/econ2020/section9/se...
www.colorado.edu/Economics/courses/econ2020/section9/section9-main.html
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I feel like Scrooge in opposing discretionary fiscal policy. ... And what prompted this posting: I've been teaching for years that the lag in implementing discretionary policy is almost always far too long for such policy to be useful. The recognition lag (recognizing that recession is imminent) is often 6 - 12 months.
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econoclectic.powerblogs.com/posts/1201083571.shtml
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A. Review : Fiscal Policy 1. Definition: discretionary fiscal policy Deliberate changes in taxes (tax rates) and government spending by Congress to promote full-employment, price stability, and economic growth.
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www.harpercollege.edu/mhealy/eco212/lectures/fiscpol/fp...
www.harpercollege.edu/mhealy/eco212/lectures/fiscpol/fp.htm
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