Stylized Facts of Government Finance in the G-7 /

The stylized facts of government finance in the Group of Seven (G-7) industrial countries show that revenues lag real GDP procyclically, while government spending in most cases fails to lead the economy procyclically. This finding is not confined to transfers but also applies to the wage component o...

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Détails bibliographiques
Auteur principal: Fiorito, Riccardo
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1997.
Collection:IMF Working Papers; Working Paper ; No. 1997/142
Accès en ligne:Full text available on IMF