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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| Daljnji autori: | , |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2003.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2003/182 |
| Online pristup: | Full text available on IMF |