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...
Auteur principal: | |
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2003.
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Collection: | IMF Working Papers; Working Paper ;
No. 2003/220 |
Accès en ligne: | Full text available on IMF |