Fiscal Rules and Countercyclical Policy : Frank Ramsey Meets Gramm-Rudman-Hollings /
Fiscal rules-legal restrictions on government borrowing, spending, or debt accumulation (like the Gramm-Rudman-Hollings Act in the United States)-have recently been adopted or considered in several countries, both industrial and developing. Previous literature stresses that such laws restrict counte...
1. Verfasser: | |
---|---|
Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2003.
|
Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2003/220 |
Online Zugang: | Full text available on IMF |