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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Autor principal: Cottarelli, Carlo
Altres autors: Fedelino, Annalisa
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/155
Accés en línia:Full text available on IMF