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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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2008.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2008/087 |
Online Zugang: | Full text available on IMF |