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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Restrepo, Jorge
अन्य लेखक: Garcia, Carlos, Tanner, Evan
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2011.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2011/056
ऑनलाइन पहुंच:Full text available on IMF