A New Fiscal Rule : Should Israel 'Go Swiss?' /

We propose a fiscal rule that fulfills a specific debt reduction objective while maintaining significant fiscal flexibility-two overarching concerns in Israel. Not unlike the Swiss "debt brake," the rule incorporates an error-correction mechanism (ECM) through which departure from the debt...

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Bibliografski detalji
Glavni autor: Symansky, Steven
Daljnji autori: Debrun, Xavier, Epstein, Natan
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2008.
Serija:IMF Working Papers; Working Paper ; No. 2008/087
Online pristup:Full text available on IMF