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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Detalhes bibliográficos
Autor principal: Cottarelli, Carlo
Outros Autores: Fedelino, Annalisa
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2010.
Colecção:IMF Working Papers; Working Paper ; No. 2010/155
Acesso em linha:Full text available on IMF