Fiscal Stimulus and Credibility in Emerging Countries /

Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a pro-cyclical fiscal impulse. However, the scope for countercyclical policy increases with the availability of international reserves as it enhances credibility and mitigates concerns about the effect of...

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Detaylı Bibliyografya
Yazar: Kandil, Magda
Diğer Yazarlar: Morsy, Hanan
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2010.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2010/123
Online Erişim:Full text available on IMF