Government Size and Output Volatility : Should We Forsake Automatic Stabilization? /

The paper takes stock of the debate on the positive link between output volatility and the size of government-which reflects automatic stabilizers. After a survey of the literature, we show that the contribution of automatic stabilizers to output stability may have disappeared since the 1990s. Howev...

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Bibliografische gegevens
Hoofdauteur: Pisani-Ferry, Jean
Andere auteurs: Debrun, Xavier, Sapir, Andre
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2008.
Reeks:IMF Working Papers; Working Paper ; No. 2008/122
Online toegang:Full text available on IMF