Procyclical Fiscal Policy : Shocks, Rules, and Institutions; A View From Mars /
This paper assesses the roles of shocks, rules, and institutions as possible sources of procyclicality in fiscal policy. By employing parametric and nonparametric techniques, I reach the following four main conclusions. First, policymakers' reactions to the business cycle is different depending...
Príomhchruthaitheoir: | Manasse, Paolo |
---|---|
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2006.
|
Sraith: | IMF Working Papers; Working Paper ;
No. 2006/027 |
Rochtain ar líne: | Full text available on IMF |
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