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Fiscal policy in the post pandemic

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  • Hiroaki Miyamoto

    (Hitotsubashi University)

Abstract

Fiscal policy has been receiving significant attention, and understanding its effects is crucial when considering its role in the post-COVID-19 era. This study analyzes how aging, infrastructure governance, and labor market flexibility influence fiscal policy effects. This paper finds that population aging diminishes the effect of fiscal stimulus. Furthermore, the macroeconomic effects of public investment are shown to be contingent on the quality of infrastructure governance and the flexibility of labor markets. The paper also reveals that countercyclical fiscal policies could promote gender employment equality.

Suggested Citation

  • Hiroaki Miyamoto, 2024. "Fiscal policy in the post pandemic," International Journal of Economic Policy Studies, Springer, vol. 18(2), pages 529-546, August.
    • Handle: RePEc:spr:ijoeps:v:18:y:2024:i:2:d:10.1007_s42495-024-00142-2
    DOI: 10.1007/s42495-024-00142-2
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    More about this item

    Keywords

    Fiscal policy; Aging; Infrastructure governance; Labor market flexibility; Gender gap;
    All these keywords.

    JEL classification:

    • 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
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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