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...

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Détails bibliographiques
Auteur principal: Cevik, Serhan
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2019.
Collection:IMF Working Papers; Working Paper ; No. 2019/242
Accès en ligne:Full text available on IMF