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: | |
|---|---|
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 2007/199 |
| Acesso em linha: | Full text available on IMF |