fiscal policy

Publication date: 21 Sep 2018 | Publication type: Policy Paper | Theme: Macroeconomics | Authors: Allen, B | Report number: 8
This policy paper reviews the report ‘Financing Investment’, commissioned by the Shadow Chancellor from GFC Economics and Clearpoint Advisors, and published on 20th June 2018. The authors say that the report ‘should not be taken to represent the views of the Labour Party or the Shadow Chancellor...
Publication date: 2 Aug 2017 | Publication type: National Institute Economic Review | Theme: Macroeconomics | External authors: McMahon, M | JEL classification: E62, Z18 | Journal: National Institute Economic Review Issue 241 | Publisher: Sage Publications, London
A defining feature of (at least) the last three general elections has been the emphasis placed on each political party’s fiscal credibility and their ability to deliver “sound public finances”. Applying the logic of household book-keeping, balancing the fiscal budget is said to capture such...
Publication date: 8 May 2017 | Publication type: General Election Briefing | Theme: Macroeconomics | Authors: Chadha, J S Issue 1
Key points: The conventional wisdom is that this election is about the UK’s decision to leave the EU and this is clearly a critical issue. But political parties should not shy away from answering the question of Britain’s underlying economic weakness. The disappointing growth in the level of GDP...
Publication date: 1 Feb 2017 | Publication type: National Institute Economic Review | External authors: in't Veld, J | JEL classification: E62, F41, F45 | Journal: National Institute Economic Review Issue 239 | Publisher: Sage Publications, London
The Euro Area recommendations endorsed by the European Council in 2016 called for a differentiation of the fiscal effort by individual Member States, taking into account spillovers across Euro Area countries. This article shows model-based simulations of an increase in public investment in Germany...
Publication date: 1 Mar 2010 | Publication type: Journal article/book/chapter | Theme: Macroeconomics | Authors: Barrell, R, Weale, M | JEL classification: E21 E61 E62 H62 H63 | Journal: Oxford Review of Economic Policy Vol. 29
We assess fiscal policy from the perspective of fairness between generations and the relationship between this and national saving, in the context where the United Kingdom is one of the lowest saving of all the OECD economies. Cross-section and pooled data suggest that governments are in a position...
Publication date: 7 Sep 2009 | Publication type: NIESR Discussion Paper | Authors: Barrell, R, Weale, M | JEL classification: E21, E61, E62, H62, H63 | NIESR discussion paper number: 338
We assess fiscal policy from the perspective of fairness between generations and the relationship between this and national saving , in the context where the United Kingdom is the lowest-saving of all the OECD economies. Cross-section and pooled data suggest that governments are in a position to...