On Fixed and Variable Fiscal Surplus Rules.
Fiscal rules are being increasingly used by both emerging and developed economies. This paper analyzes two alternative fiscal policy rules in terms of their impact on debt sustainability: a rule that fixes the ratio of primary surplus to GDP ("fixed surplus rule") and one that sets the pri...
| Autor Corporativo: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2004/117 |
| Acesso em linha: | Full text available on IMF |