The Impact of Fiscal Policy on Inflation Expectations by Francisco Arizala, Santiago Bazdresch, Tomohide Mineyama, Shiqing Hua published by IMF (11/2025). This paper analyzes the impact of fiscal policy on inflation expectations across a large sample of advanced economies…
Tariffs as Fiscal Policy by Kimberly Clausing and Maurice Obstfeld published by PIIE (11/2025). The year 2025 brought a remarkable shift in the role of tariffs in the US economy, as the Trump administration simultaneously escalated the use of broad tariffs and…
Fiscal Policy as a Stabilization Tool. The Case for Quasi-Automatic Stabilizers, With an Application to the VAT by Olivier J. Blanchard published by NBER (4/2025). “Most of the focus of recent stabilization policy research and practice has been on…
Fiscal Policy in the Great Election Year published by IMF (4/2024) Even as the global economic outlook is stabilizing, fiscal policy continues to struggle with legacies of high debt and deficits, while facing new challenges. Public finances risks are…
Intergovernmental coordination and fiscal performance by Leonardo Cezar Ribeiro, Carlos Eduardo Gasparini, Thiago Costa Monteiro Caldeira published by Journal of Economics and Political Economy (12/2023). This article evaluates the intergovernmental coordination of fiscal policy in Brazil, measured in terms…
Commitment to equity handbook: Estimating the impact of fiscal policy on inequality and poverty by Nora Lustig published by Brookings Institution Press (2018). “Since the pioneering fiscal incidence analy sis developed by Charles Stauffacher (1941)1 for the United States…
Fiscal Policy under Low Interest Rates by Olivier Blanchard published by MIT Press Direct (2023). Rethinking fiscal and monetary policy in an economic environment of high debt and low interest rates. Policy makers in advanced economies find themselves in…
