Toward a Robust Fiscal Framework for Iceland : Motivation and Practical Suggestions /
Expenditure in Iceland, especially related to the government wage bill, has tended to move in a procyclical manner, related to the fragmentation of political decision making. Iceland's elevated macroeconomic volatility reinforces these tendencies, as large booms unleash greater fiscal pressures...
1. autor: | |
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Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2007.
|
Seria: | IMF Working Papers; Working Paper ;
No. 2007/235 |
Dostęp online: | Full text available on IMF |