The strategic advantage to being the first to act in various economic contexts.
An auction format where sealed bids are submitted, and the highest bidder wins the item at their bid price.
An explanation of fiscal drag and its implications in progressive tax systems.
The division of revenue collection and expenditure responsibilities among different levels of government.
A systematic misperception of the tax burden by taxpayers causing distorted democratic decisions on fiscal issues.
The aim of devising a fiscal system which does not cause distortions in the economy.
The use of taxation and government spending to influence the economy.
An entry on the concept of fiscal stance, examining its meaning, historical context, analytical frameworks, and comparative analysis.
A policy of increased public spending and lower taxation intended to provide an immediate boost to economic activity.
A phenomenon describing a one-for-one change in the nominal interest rate in response to the change in the inflation rate
A series of nationwide centralized economic development initiatives that originated in the Soviet Union in 1928 and were later adopted in various forms by other countries.
An overview of the fixed coefficient production function, a type of production function where inputs must be combined in fixed proportions.
