Boom-Bust Phases in Asset Prices and Fiscal Policy Behavior /

Boom and bust phases in asset prices have become a pervasive feature of macroeconomic developments in many advanced economies. This paper studies fiscal policy during boom-bust phases in asset prices and draws several conclusions. First, expansions and contractions in economic activity during such b...

詳細記述

書誌詳細
第一著者: Schuknecht, Ludger
その他の著者: Jaeger, Albert
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2004.
シリーズ:IMF Working Papers; Working Paper ; No. 2004/054
オンライン・アクセス:Full text available on IMF