- Home
- Publications
- The Macroeconomics Of Parties’ Tax And Spending Plans
The Macroeconomics of Parties’ Tax and Spending Plans
Most economic analyses of parties’ tax and spending promises treat the government’s budget like that of a household, ignoring the impact of proposed policies on the economy. This briefing aims to fill this gap by providing a macroeconomic assessment of announced fiscal policies. It focuses on:
- The impact of the parties’ tax and spending plans on economic output and consumer prices
- The combined impact of parties’ Brexit policies and tax and spending plans on the economy.
- How monetary policy is likely to respond to prevent inflation rising above target.
- A discussion of economic policies beyond tax and spending and their effect on the economy.
Related Blog Posts
Public Debt Sustainability and Fiscal Rules
Stephen Millard
Benjamin Caswell
05 Feb 2024
4 min read
UK Investment Past and Prospects: A Framework for Analysis
Catherine Mann
01 Dec 2023
6 min read
Related Projects
Related News
Call for Papers: Lessons From Quantitative Easing & Quantitative Tightening
09 Feb 2024
1 min read
Related Publications
Inflation Differentials Among European Monetary Union Countries: An Empirical Evaluation With Structural Breaks
20 Nov 2023
National Institute Economic Review
The Macroeconomic Effects of Re-applying the EU Fiscal Rules
20 Nov 2023
National Institute Economic Review
Another Look at a Sensible Fiscal Policy for the Sharp Rise in Government Debt
20 Nov 2023
National Institute Economic Review
Monetary Policy: Prices versus Quantities
20 Nov 2023
National Institute Economic Review