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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Manasse, Paolo
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/027
الوصول للمادة أونلاين:Full text available on IMF