Marcela Jaime recently defended her thesis: Essays on behavioral Economics and Policy Design. What it is about?SkiptomaincontentHomeNews&eventsNewsTheimportanceofaccountingforspillovereffectsinpolicydesignTheimportanceofaccountingforspillovereffectsinpolicydesignMarcelaJaimerecentlydefendedherthesis:EssaysonbehavioralEconomicsandPolicyDesign.Whatitisabout?Mythesisisaboutunintendedeffectsofbehavioralandpolicyinterventionsanditseffectsonpolicydesign.Unintendedeffectsofpolicies,eitherpositiveornegative,areoftenreferredtoasspillovereffects.Specifically,mythesisinvestigatesspillovereffectsofmonetaryandnon-monetarypolicyinstrumentsforenvironmentandnaturalresourcemanagement,inbothdevelopinganddevelopedsettings.ThefirsttwochaptersinvestigatespillovereffectsofabehavioralinterventionaimedatresidentialwatersavingsinColombia.Becausethereislittleroomforpricereformandwaterpricesarehighlysubsidized,theinterventionreliesontheuseofnon-monetaryincentivessuchasprovisionofsocialinformation.Thefirstchapterfocusesonspillovereffectsduetosocialinteractionswithinthespecificareaofwateruse. Thesecondchapteridentifiesbehavioralspilloveracrossdifferentareasofconsumption(i.e.fromwatertoelectricityuse),thatarepotentiallydrivenbypersonalmotivations.Thethirdpaperfocusesonmonetaryincentives,andinvestigatespolicyspilloversresultingfromtheinteractionofsubsidiesinEUagriculture,beforeandaftertheintroductionofthe2003reformoftheCommonAgriculturalPolicy(CAP).ThesubsidiesunderstudycorrespondtothemainpillarsoftheCAP,whichaccountforthemonetarysupportdevotedtoagriculturalandagri-environmentalpolicyintheEU.Althoughthereisconsensusregardingtheeconomicimportanceofhavingbothsubsidiesinplace,thereisaconcernthattheirinteractionmayweakentheadoptionofsustainablepractices,affectingenvironmentalgoals.Whatdoyouthinkarethemostinterestingfindings?Overall,thethesishighlightstheimportanceoftakingspillovereffectsintoaccount.Thisisimportantbecausespillovereffectsmakeitdifficulttoevaluatepoliciesthatweredesignedtotargetaparticu

The spillover effects of unconventional monetary policies in major developed countries on developing countries. The objective of this paper is to examine the ...SkiptomaincontentTogglenavigationWelcometotheUnitedNationsالعربية中文EnglishFrançaisहिन्दीPortuguêsРусскийEspañolKiswahili

National fiscal policies spill over to other countries through different channels. Trade is an important transmission channel between countries, whereby fiscal ...ANYTIMEPASTMONTHPASTYEARSearchOptionsImagePreviewSortbyANYTIMEPASTMONTHPASTYEARSuggestionsHomeMediaExplainersResearch&PublicationsStatisticsMonetaryPolicyThe€uroPayments&MarketsCareersSuggestionsSortbyRelevanceDateFiscalspilloversinamonetaryunionPublicationsLoading…Searchinthispublication0/0xFiscalspilloversinamonetaryunion1Introduction2EmpiricalEstimates3Spilloveranalysisbasedonamulti-countryDSGEmodel4ConclusionsFiscalspilloversinamonetaryunionPreparedbyMarioAlloza,BogdanCozmanca,MarienFerdinandusseandPascalJacquinotPublishedaspartofthe ECBEconomicBulletin,Issue1/2019.Thearticledescribesthemaintransmissionchannelsofthespilloversofnationalfiscalpoliciestoothercountrieswithinamonetaryunionandinvestigatestheirmagnitudeusingdifferentmodels.InthecontextofEconomicandMonetaryUnion(EMU),fiscalspilloversarerelevantfortheaccurateassessmentofthecyclicaloutlookineuroareacountries,aswellasinthedebatesonacoordinatedchangeintheeuroareafiscalstanceandoneuroareafiscalcapacity.Thearticlefocusesonspilloversfromexpenditure-basedexpansionsinthelargereuroareacountriesbypresentingtwocomplementaryexercises.Thefirstisanempiricalinvestigationofspilloversbasedonanew,longdatasetforthelargesteuroareacountries,whilethesecondusesamulti-countrygeneralequilibriummodelwitharichfiscalspecificationandthecapacitytoanalysetradespillovers.Fiscalspilloversarefoundtobeheterogeneousbutgenerallypositiveamongthelargereuroareacountries.Thereactionofinterestratestofiscalexpansionisanimportantdeterminantforthemagnitudeofspillovers.1IntroductionFiscalspilloversacrosscountrieshavereceivedincreasingattentioninrecentyears.Understandingtheimpactofonecountry’sfiscalpoliciesonoutputinotherMemberStatesofthemonetaryunionisnaturallyofconsiderableinteresttoacentralbanksettingasinglemonetarypolicy,asitallowsthebanktobettergaugetheeuroarea’seconomicdevelopments,an

Download ClearTax App to file returns from your mobile phone. ClearTax is a product by Defmacro Software Pvt. Ltd. Privacy Policy Terms of Use.ProductsITIncomeTaxFilingFileIncometaxreturnsforfreein7minutesEXExpertAssistedServicesGetexperthelpfortaxfilingorstartingyourbusiness80cNewTaxSavingCuratedMutualFunds&plansfortaxsavingsMFNewMutualfundInvestmentsInvestinbestGrowthmutualfundsGSTGSTSoftwareCompleteGSTfiling&billingsolutionTCTaxCloud(DirectTaxSoftware)I-T,e-TDS&AuditSoftwareforCAs&TaxProfessionalsEINVe-InvoicingSoftwareCompletesolutionforallyoure-invoicingneedsAboutusHelpCenterIncomeTaxGSTe-InvoicingMutualFundsBusinessLogInWheredoyouwanttologin?IncomeTaxE-FilingGSTSoftwareMutualFundsSignUpSignUpSignUpLogInIncomeTaxE-FilingGSTSoftwareMutualFundsProductsITIncomeTaxFilingEXExpertAssistedServices80cTaxSavingMFMutualFundInvestmentsGSTGSTSoftwareTCTaxCloud(DirectTaxSoftware)NeedHelp?AboutusE-fileyourIncomeTaxReturnsforFREEJustuploadyourForm16andfinishfilingin7minsStartYourTaxReturnUploadForm16E-fileyourIncomeTaxReturnsforFREEJustuploadyourForm16andfinishfilingin7minsStartYourTaxReturnUploadForm16GlossaryTrendinghomeEconomyEconomicsSpilloverEffectCategoryEconomySubcategoriesSpilloverEffectReviewedbySweta|UpdatedonMay18,2021ShareCatalogueIntroductionThespillovereffectreferstotheeffectontheeconomyofacountryfromunrelatedeventshappeninginanothercountry.Events,includingnaturalcalamities,suchasearthquakesorpoliticalcrisisinanothercountrycanhavepositiveornegativeeffectsontheeconomyofacountry.UnderstandingSpilloverEffectThespillovereffectisrelatedtotheeffectsofglobalisation,internationaltrade,andinterconnectedfinancialmarketsbetweendifferenteconomiesoftheworld.AnexampleofthespillovereffectistheUS-Chinatradewar.Chinahadbeenthesecond-largesttradepartneroftheUS,afterCanada.TheinterdependencyofUS-Chinatradeincreasedoveraperiodoftime.However,theUSimposedheavytariffsonChinesegoodssinceearly2018.ChinaretaliatedbyimposingtariffsonUS-madeproducts,thusresultinginatradewarbetweenthetwolar

In economics a spillover is an economic event in one context that occurs because of something ... See also[edit]. Carbon leakage, in climate policy · Indirect land use change impacts of biofuels, in climate policy · Knowledge spillover ...Spillover(economics)FromWikipedia,thefreeencyclopediaJumptonavigationJumptosearchThisarticleneedsadditionalcitationsforverification.Pleasehelpimprovethisarticlebyaddingcitationstoreliablesources.Unsourcedmaterialmaybechallengedandremoved.Findsources: "Spillover" economics – news ·newspapers ·books ·scholar ·JSTOR(May2017)(Learnhowandwhentoremovethistemplatemessage)Ineconomicsaspilloverisaneconomiceventinonecontextthatoccursbecauseofsomethingelseinaseeminglyunrelatedcontext.Forexample,externalitiesofeconomicactivityarenon-monetaryspillovereffectsuponnon-participants.Odorsfromarenderingplantarenegativespillovereffectsuponitsneighbors;thebeautyofahomeowner'sflowergardenisapositivespillovereffectuponneighbors.Inthesameway,theeconomicbenefitsofincreasedtradearethespillovereffectsanticipatedintheformationofmultilateralalliancesofmanyoftheregionalnationstates:e.g.SAARC(SouthAsianAssociationforRegionalCooperation),ASEAN(AssociationofSouthEastAsianNations).Inaneconomyinwhichsomemarketsfailtoclear,suchfailurecaninfluencethedemandorsupplybehaviorofaffectedparticipantsinothermarkets,causingtheireffectivedemandoreffectivesupplytodifferfromtheirnotional(unconstrained)demandorsupply.Anotherkindofspilloverisgeneratedbyinformation.Forexample,whenmoreinformationaboutsomeonegeneratesmoreinformationaboutpeoplerelatedtoher,andthatinformationhelpstoeliminateasymmetriesininformation,thenthespillovereffectsarepositive(thisissuehasbeenfoundconstantlyintheeconomicsandfinanceliterature,seeforinstancethecaseoflocalbankingmarkets[1]).Seealso[edit]Carbonleakage,inclimatepolicyIndirectlandusechangeimpactsofbiofuels,inclimatepolicyKnowledgespilloverReferences[edit]^Garmaise,M.&G.Natividad(2016)."SpilloversinLocalBankingMarkets".TheReviewofCorporateFinanceStudies.

LinkedInwithBackgroundEconomicsRaceandIncomeInequalityGenderandIncomeInequalityPracticalLookAtMicroeconomicsUnderstandingIncomeInequalityGlobalTradeGuideGuidetoEconomicsMicroeconomicsMacroeconomicsBehavioralEconomicsSeeAllEconomyEconomicsWhatIstheSpilloverEffect?Spillovereffectreferstotheimpactthatseeminglyunrelatedeventsinonenationcanhaveontheeconomiesofothernations.Althoughtherearepositivespillovereffects,thetermismostcommonlyappliedtothenegativeimpactadomesticeventhasonotherpartsoftheworldsuchasanearthquake,stockmarketcrisis,oranothermacroevent.HowtheSpilloverEffectWorksSpillovereffectsareatypeofnetworkeffectthatincreasedsinceglobalizationintradeandstockmarketsdeepenedthefinancialconnectionsbetweeneconomies.TheCanada-U.S.traderelationshipprovidesanexampleofspillovereffects.ThisisbecausetheU.S.isCanada’smainmarketbyawidemarginacrossnearlyeveryexport-orientedsector.TheeffectsofaminorU.S.slowdownareamplifiedbytheCanadianrelianceontheU.S.marketforitsowngrowth.Forexample,ifconsumerspendingintheUnitedStatesdeclines,ithasspillovereffectsontheeconomiesthatdependontheU.S.astheirlargestexportmarket.Thelargeraneconomyis,themorespillovereffectsitislikelytoproduceacrosstheglobaleconomy.SincetheU.S.isaleaderintheglobaleconomy,nationsandmarketscanbeeasilyswayedbydomesticturmoil.Mostoftheworldexperiencessignificantspillovereffectswhenthereisadownturnormacroeffectintheworld'stwolargesteconomies:theUnitedStatesandChina.Since2009,Chinahasemergedasamajorsourceofspillovereffectsaswell.ThisisbecauseChinesemanufacturershavedrivenmuchoftheglobalcommoditydemandgrowthsince2000.WithChinabecomingthenumbertwoeconomyintheworldaftertheU.S.,thenumberofcountriesthatexperiencespillovereffectsfromaChineseslowdownissignificant.WhenChina'seconomyexperiencesadownturn,ithasapalpableimpactontheworldwidetradeinmetals,energy,grains,andmanymorecommodities.Thisleadstoeconomicpainthroughmuchoftheworld,althoughitismostacuteinEasternEurope,theMiddleEast,andAfrica,astheseareasrelyonChinaforalargerpercentageoft