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...
| 主要作者: | |
|---|---|
| 其他作者: | |
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| 丛编: | IMF Working Papers; Working Paper ;
No. 2010/111 |
| 在线阅读: | Full text available on IMF |