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Web of Proceedings - Francis Academic Press

Positive fiscal policy from the perspective of inflation - evidence from China

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DOI: 10.25236/icemeet.2019.411

Author(s)

Fan Wang

Corresponding Author

Fan Wang

Abstract

Generally speaking, fiscal policy is an economic policy in which the state or government uses various financial instruments to achieve certain fiscal goals. It can be seen that fiscal policy is a collection of fiscal policy subjects, fiscal policy instruments, and fiscal policy objectives. The purpose of this paper is to examine the effectiveness of China's fiscal policy in recent years, especially the definition of positive fiscal policy in recent years, to test the effectiveness of the policy tool itself and the realization of the goal and possible follow-up in the process of policy transmission. Influencing research to provide a reasonable reference for the formulation and implementation of China's fiscal policy in the future.

Keywords

Fiscal policy, fiscal theory, active fiscal policy, inflation, policy transmission