Automatic Stabilizers and the Size of Government : Correcting a Common Misunderstanding /

The size of government is a commonly used variable in many analytical studies on the effects of fiscal policy. An accepted practice is to measure it as the ratio of government spending to GDP. However, this is not the correct metric when computing the stabilization effects of nondiscretionary fiscal...

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Détails bibliographiques
Auteur principal: Cottarelli, Carlo
Autres auteurs: Fedelino, Annalisa
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2010.
Collection:IMF Working Papers; Working Paper ; No. 2010/155
Accès en ligne:Full text available on IMF