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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Masson, Paul
अन्य लेखक: Bayoumi, Tamim
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1998.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1998/112
ऑनलाइन पहुंच:Full text available on IMF