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...

Полное описание

Библиографические подробности
Главный автор: Annett, Anthony
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2007.
Серии:IMF Working Papers; Working Paper ; No. 2007/235
Online-ссылка:Full text available on IMF