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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Silgoner, Maria
अन्य लेखक: Crespo-Cuaresma, Jesus, Reitschuler, Gerhard
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2003.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2003/182
ऑनलाइन पहुंच:Full text available on IMF