The Fiscal Smile : The Effectiveness and Limits of Fiscal Stabilizers /

We study the smoothing impact of fiscal stabilizers (proxied by government expenditures or revenues) on business cycle volatility for a panel of EU countries in the period 1970-99. The results show that the business cycle volatility smoothing effect of fiscal stabilizers may revert at high levels. W...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Silgoner, Maria
Awduron Eraill: Crespo-Cuaresma, Jesus, Reitschuler, Gerhard
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2003.
Cyfres:IMF Working Papers; Working Paper ; No. 2003/182
Mynediad Ar-lein:Full text available on IMF