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...
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| Andere auteurs: | , |
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2011/056 |
| Online toegang: | Full text available on IMF |