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...

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Xehetasun bibliografikoak
Egile nagusia: Silgoner, Maria
Beste egile batzuk: Crespo-Cuaresma, Jesus, Reitschuler, Gerhard
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2003.
Saila:IMF Working Papers; Working Paper ; No. 2003/182
Sarrera elektronikoa:Full text available on IMF