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...
Κύριος συγγραφέας: | |
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Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1997.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 1997/142 |
Διαθέσιμο Online: | Full text available on IMF |