The Golden Rule and the Economic Cycles /
The present formulation of the golden rule in the United Kingdom allows fiscal performance to be tested explicitly on an ex-post basis. However, it requires precise dating of the economic cycle, which can lead to significant controversy. Also, the need to aim for current balance or better "over...
| Glavni avtor: | |
|---|---|
| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2007/199 |
| Online dostop: | Full text available on IMF |