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...

詳細記述

書誌詳細
第一著者: Restrepo, Jorge
その他の著者: Garcia, Carlos, Tanner, Evan
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2011.
シリーズ:IMF Working Papers; Working Paper ; No. 2011/056
オンライン・アクセス:Full text available on IMF