词汇 | example_english_fiscal-expansion |
释义 | fiscal expansioncollocation in Englishmeanings of fiscaland expansionThese words are often used together. Click on the links below to explore the meanings. Or, see other collocations with expansion. fiscal adjective uk /ˈfɪs.kəl/ us /ˈfɪs.kəl/ connected with ... See more at fiscal expansion noun[C or U] uk /ɪkˈspæn.ʃən/ us /ɪkˈspæn.ʃən/ the increase of something in size, number, ... See more at expansion Examples of fiscal expansionThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Suppose that a fiscalexpansion is followed by a fiscal contraction that is large. The authors show that large and durable fiscal expansions and fiscal contractions, together labelled extraordinary fiscal periods, alter the effects of fiscal policy. We then consider the evidence of asymmetric effects across fiscal expansions and fiscal contractions. Next, we discuss how the effects in normal periods are altered during fiscal expansions and fiscal contractions. Second, we allow for the effects of fiscal policy to vary between fiscal expansions and fiscal contractions. The asymmetries arise from the fact that changes in the effects of the fiscal policy instruments seem to be stronger during fiscal contractions than during fiscal expansions. Giavazzi et al. (2000), studying the effects of fiscal contractions and fiscal expansions on national savings, find asymmetries in the effects of government consumption and taxes. In this case the costs of a fiscalexpansion for domestic residents are completely offset by the gains, with no effect on consumption. The first is the strong persistence of the effect of the fiscalexpansion on the macroeconomic variables being investigated. For example, you might want to recover by monetary expansion rather than fiscalexpansion, if you were trying to do something to improve long-term growth while you restore full employment. It will also provide a monetary framework in which co-ordinated fiscalexpansion—co-ordinated between member states—has some hope of success. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Only then will fiscalexpansion be feasible and a faster growth rate sustainable. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Everywhere governments became terrified of fiscalexpansion. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 That is why it has proposed a gradual expansionary build-up between now and 1984–85, a fiscal expansion reaching some £6 billion per annum in the later years. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Indeed, one does not need fiscalexpansion in great measure when the level of that debt is up over those seven years, from £80 billion to £210 billion. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Often, fiscal expansions are brought about to stimulate economic activity while contractions are performed to slow down the government debt growth. Fiscal expansions crowd out private consumption, but give rise to long-run increases in output, with long-run multipliers exceeding unity. With zero inflationary expectations, monetary and fiscal expansions affected primarily output. Third, fiscal expansions have strong positive effects on domestic output. We also focus on balanced-budget fiscal expansions. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Want to learn more? Go to the definition of fiscal Go to the definition of expansion See other collocations with expansion |
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