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...
| Autor principal: | |
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| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2007.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2007/199 |
| Acceso en línea: | Full text available on IMF |