Simple, Implementable Fiscal Policy Rules /
This paper analyzes the scope for systematic rules-based fiscal activism in open economies. Relative to a balanced budget rule, automatic stabilizers significantly improve welfare. But they minimize fiscal instrument volatility rather than business cycle volatility. A more aggressively countercyclic...
প্রধান লেখক: | |
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অন্যান্য লেখক: | |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2009.
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মালা: | IMF Working Papers; Working Paper ;
No. 2009/076 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |