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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Debrun, Xavier
अन्य लेखक: Kapoor, Radhicka
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2010.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2010/111
ऑनलाइन पहुंच:Full text available on IMF