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...
| Автор: | |
|---|---|
| Інші автори: | , |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2003/182 |
| Онлайн доступ: | Full text available on IMF |