Liability-Creating Versus Non-Liability-Creating Fiscal Stabilization Policies : Ricardian Equivalence, Fiscal Stabilization, and EMU /

This paper looks at theoretical and empirical issues associated with the operation of fiscal stabilizers within an economy. It argues that such stabilizers operate most effectively at a national, rather than local, level. As differing cycles across regions tend to offset each other for the country a...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Masson, Paul
مؤلفون آخرون: Bayoumi, Tamim
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1998.
سلاسل:IMF Working Papers; Working Paper ; No. 1998/112
الوصول للمادة أونلاين:Full text available on IMF