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Эффективность Фискальной Политики В Разных Условиях Функционирования Экономики

Author

Listed:
  • Olesya V. Polyakova

    (Financial University under the Government of the Russian Federation)

Abstract

В статье рассматривается международный опыт исследований последних лет в части оценки влияния фискальной политики на экономику посредством использования фискальных мультипликаторов. Показано, как эффективность фискальных мер различается в зависимости от фазы экономического цикла, причин экономических колебаний, рынка труда (старение населения, жесткость заработных плат в сторону понижения), режима денежно-кредитной политики, уровня закредитованности экономики и ряда других параметров. В части применения результатов исследования для выработки фискальной политики в современной России можно дать следующие рекомендации (для достижения максимального эффекта для экономики): стимулировать предложение и поддерживать рынок труда. Кроме этого при проведении фискальной политики необходимо учитывать степень закредитованности домашних хозяйств. Статья подготовлена по результатам исследований, выполненных за счет бюджетных средств по государственному заданию Финансового университета при Правительстве Российской Федерации.

Suggested Citation

  • Olesya V. Polyakova, 2023. "Эффективность Фискальной Политики В Разных Условиях Функционирования Экономики," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 10, pages 45-52, October.
  • Handle: RePEc:gai:ruserr:r2383
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    References listed on IDEAS

    as
    1. Mathias Klein, 2017. "Austerity and Private Debt," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(7), pages 1555-1585, October.
    2. Klein, Mathias & Winkler, Roland, 2019. "Austerity, inequality, and private debt overhang," European Journal of Political Economy, Elsevier, vol. 57(C), pages 89-106.
    3. A. Kudrin & A. Knobel, 2017. "Fiscal policy as a source of economic growth," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 10.
    4. Ghassibe, Mishel & Zanetti, Francesco, 2022. "State dependence of fiscal multipliers: the source of fluctuations matters," Journal of Monetary Economics, Elsevier, vol. 132(C), pages 1-23.
    5. Yuliya Demyanyk & Elena Loutskina & Daniel Murphy, 2019. "Fiscal Stimulus and Consumer Debt," The Review of Economics and Statistics, MIT Press, vol. 101(4), pages 728-741, October.
    6. Yoon Joo Jo & Sarah Zubairy, 2025. "State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations," American Economic Journal: Macroeconomics, American Economic Association, vol. 17(1), pages 379-413, January.
    7. Marco Bernardini & Gert Peersman, 2018. "Private debt overhang and the government spending multiplier: Evidence for the United States," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 33(4), pages 485-508, June.
    8. Matthew Canzoneri & Fabrice Collard & Harris Dellas & Behzad Diba, 2016. "Fiscal Multipliers in Recessions," Economic Journal, Royal Economic Society, vol. 126(590), pages 75-108, February.
    9. Marco Bernardini & Selien De Schryder & Gert Peersman, 2020. "Heterogeneous Government Spending Multipliers in the Era Surrounding the Great Recession," The Review of Economics and Statistics, MIT Press, vol. 102(2), pages 304-322, May.
    10. Sheremirov, Viacheslav & Spirovska, Sandra, 2022. "Fiscal multipliers in advanced and developing countries: Evidence from military spending," Journal of Public Economics, Elsevier, vol. 208(C).
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

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