Fiscal Rules in a Volatile World : A Welfare-Based Approach /

It is widely agreed that a fiscal rule should boost discipline and credibility, reduce macroeconomic volatility, and be easily understood. To support such goals, a government may run structural surpluses and accumulate a precautionary cushion of assets on behalf of agents who do not enjoy access to...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Restrepo, Jorge
Awduron Eraill: Garcia, Carlos, Tanner, Evan
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2011.
Cyfres:IMF Working Papers; Working Paper ; No. 2011/056
Mynediad Ar-lein:Full text available on IMF