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Monetary policy seeks to control the economy by manipulating the money supply and interest rates. Fiscal policy is designed to achieve the same end using targeted taxes and spending. The Achilles ...
Fiscal policy is policy enacted by the legislative branch of government. It deals with tax policy and government spending. Monetary policy is enacted by a government's central bank.
Essentially, the Fed is putting the brakes on the economy and fiscal policy set by the government is pushing on the accelerator. In retrospect, that stimulus has caused our GDP to grow by a robust ...
Jones said we don’t want fiscal policy to compete against monetary policy. Especially since the Fed’s made progress slowing the economy down. “And if one’s gotta give, ...
It can be hard to keep monetary and fiscal policy straight. Both sound vaguely money-ish. Etymology helps. “Fiscal” comes from the Latin word “fiscus,” which means basket. Back in ancient ...
Chairman Paul Volcker testifies before Congress during his second confirmation hearing for the Federal Reserve. How does Senator Frank Lautenberg (D-NJ) characterize the deficit condition at the time ...
Fellow Nobel Laureates Thomas Sargent and Christopher Sims, who were co-awarded the prize in 2011, agree about the practical importance of fiscal policy and discuss how fiscal policy can increase ...
Fiscal policy involves government spending and tax measures impacting the economy and investor decisions. Contrasting with monetary policy, fiscal policy is set by legislatures and affects stocks ...
Monetary policy is the bedrock of any nation’s economic policy, and everyone from part-time workers to huge financial institutions, both foreign and domestic, are impacted as it shifts. Here’s ...
Describe the models and techniques (simulation and estimation) that policy makers use in analyzing monetary, fiscal, and structural issues. Augment or modify the model structure to address an economic ...