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...
Autor principal: | |
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Outros Autores: | , |
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2008.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2008/122 |
Acesso em linha: | Full text available on IMF |