Fiscal Policy and Macroeconomic Stability : Automatic Stabilizers Work, Always and Everywhere /
The paper revisits the link between fiscal policy and macroeconomic stability. Two salient features of our analysis are (1) a systematic test for the government's ambivalent role as a shock absorber and a shock inducer-removing a downward bias present in existing estimates of the impact of auto...
| Κύριος συγγραφέας: | |
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| Άλλοι συγγραφείς: | |
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Σειρά: | IMF Working Papers; Working Paper ;
No. 2010/111 |
| Διαθέσιμο Online: | Full text available on IMF |