Discover how tax cuts and government spending drive economic growth through expansionary fiscal policy, a tool to boost ...

Learn how fiscal policy is shaped in the U.S., the roles of the President and Congress, and how these branches collaborate on ...

The recent passage of a tax cut package in the U.S. raises an interesting and important question for monetary policy: Will the tax cuts create inflation that the Fed cannot contain? According to ...

Uncertainty around the real-time output gap has important implications for fiscal policy. This study uses successive vintages of the World Economic Outlook for emerging markets (EMs) during 1998-2022 ...