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...
| Autore principale: | |
|---|---|
| Altri autori: | , |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2003/182 |
| Accesso online: | Full text available on IMF |