Back to the Future : Fiscal Rules for Regaining Sustainability /
This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation model to determine the optimal set of fiscal rules. The empirical analysis shows that fiscal policy in Belize has been significantly procyclical and unsustainable much of the period...
| Hlavní autor: | Cevik, Serhan |
|---|---|
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 2019/242 |
| On-line přístup: | Full text available on IMF |
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