Linked from
The 59 pages that link to Fiscal policy, each with the reason it gives.
Monetary policyCompared with: It can support or offset monetary policy, but is set through public budgets rather than central-bank tools.
Keynesian economicsRelated: Keynesian policy uses public spending or tax changes to support demand when private spending weakens.
John Maynard KeynesRelated: Keynes advocated using public budgets to support demand when private spending falls.
TaxationRelated: Tax changes can alter demand and household or business incentives.
NationalizationRelated: Acquiring and operating industries can create substantial public costs and revenues.
Political economyRelated: Budget choices reveal political priorities and shape the distribution of resources.
AusterityNarrower topic: Austerity is a contractionary use of fiscal policy to reduce deficits.
Business cycleRelated: Governments may adjust spending or taxes to counter cyclical weakness.
Public policyBroader topic: It is a major policy domain for managing economic conditions and funding public services.
Dutch diseaseRelated: Gradual public spending can reduce the demand surge that raises domestic costs during a resource boom.
European Central BankCompared with: Unlike monetary policy, fiscal policy remains largely in national governments’ hands in the euro area.
Progressive taxationNarrower topic: Progressive taxation is one instrument within the broader choices of public finance.
Aggregate DemandRelated: Changes in purchases or taxes can alter aggregate demand.
Federal ReserveCompared with: Fiscal policy is set by elected branches, unlike the Fed’s monetary-policy decisions.
Lender of last resortCompared with: Fiscal authorities can bear public losses, whereas central-bank lending is normally expected to be repaid.
StagflationRelated: Stimulus can support output and jobs, while adding demand that may sustain inflation.
Automatic StabilizerNarrower topic: Automatic stabilizers are the built-in, rule-governed part of fiscal policy.
Fiat moneyRelated: Fiscal choices affect demand, public debt, and pressures on a fiat monetary system.
Public financeNarrower topic: It is the policy domain in which public-finance choices affect aggregate demand and output.
Liquidity TrapRelated: Direct spending or tax relief can support demand when monetary transmission is impaired.
Lucas critiqueRelated: Tax and spending changes can alter incentives, so past responses may not predict new policies.
Fiscal multiplierNarrower topic: The multiplier is a central estimate for predicting fiscal policy’s effect on output.
Income taxRelated: Income-tax changes are a major instrument of fiscal policy.
Recession (economics)Related: Temporary spending increases or tax relief can support demand during a downturn.
Sovereign debtNarrower topic: Sovereign debt is one outcome of fiscal choices, not the whole of fiscal policy.
Income redistributionNarrower topic: Redistribution is one purpose of the tax-and-spending choices that make up fiscal policy.
The General Theory of Employment, Interest and MoneyRelated: Keynesian reasoning supports increasing public spending when private demand is deficient.
Crowding outNarrower topic: Crowding out is one possible consequence of expansionary fiscal policy.
Economic policyRelated: It changes demand directly through public spending and indirectly through taxes and transfers.
Full employmentRelated: Public spending and tax changes can raise demand when unemployment is cyclical.
MacroeconomicsRelated: It can support demand during downturns or change the economy's resource allocation.
Okun's lawRelated: Output and unemployment estimates help evaluate the cyclical effects of fiscal measures.
Sovereign wealth fundRelated: A fund’s mandate determines how investment returns and withdrawals affect public budgets.
COVID-19 recessionRelated: Emergency transfers, grants, and wage support replaced some lost private income.
Effective demandRelated: Governments can raise demand directly when private spending is insufficient.
Economic forecastingBroader topic: Revenue and growth forecasts shape budgets and estimates of fiscal impacts.
Public debt of the United StatesNarrower topic: Debt is an accumulated result of fiscal choices across successive budgets.
Ricardian equivalenceNarrower topic: Ricardian equivalence is a claim about how one financing choice affects fiscal policy.
Social policyRelated: Social programs rely on public budgets and compete with other spending priorities.
Tax expenditureNarrower topic: Tax expenditures are one route through which fiscal policy pursues public goals.
Dynamic stochastic general equilibriumRelated: Fiscal DSGE models analyze how public budgets interact with households, firms, and economic activity.
Ecuadorian dollarizationRelated: Fiscal policy carries more weight when monetary policy is constrained by dollarization.
Lost DecadesNarrower topic: Public works and stimulus packages repeatedly sought to offset weak private demand.
Post-Keynesian economicsRelated: Post-Keynesians use it to support demand when private spending is insufficient.
Secular StagnationRelated: Public spending can support demand when private investment and consumption remain weak.
Economy of the United StatesRelated: Federal taxes and expenditures affect demand, public investment, and the distribution of income.
Edward C. PrescottRelated: Prescott’s policy analysis informs how fiscal rules interact with incentives over time.
Itamar FrancoNarrower topic: Fiscal adjustment formed part of the plan’s attempt to make disinflation credible.
Modern Monetary TheoryNarrower topic: MMT assigns fiscal policy a central role in managing demand and employment.
Alvin HansenRelated: Hansen argued that public spending could offset deficient private demand.