Fiscal policy is a tool used by governments to regulate economic activities in their country. It is one of the two main categories of economic policy, along with monetary policy. The main goal of ...

Monetary Policy is implemented by the Federal Reserve Bank of the U.S. to control inflation, regulate interest rates, and support the efficient functioning of the banking system. Fiscal Policy is ...

In recent weeks, a number of signs have appeared suggesting that the recovery of the U.S. economy from the recent recession is on a bumpy path. During the second quarter of 2002, real GDP grew at an ...

Journal of Economic Integration, Vol. 38, No. 3 (September 2023), pp. 439-465 (27 pages) In the current literature, theoretical, and empirical studies present varying implications regarding the ...