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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Symansky, Steven
Muut tekijät: Debrun, Xavier, Epstein, Natan
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2008.
Sarja:IMF Working Papers; Working Paper ; No. 2008/087
Linkit:Full text available on IMF