Reassessing the Role and Modalities of Fiscal Policy in Advanced Economies.

This paper investigates how developments during and after the 2008-09 crisis have changed economists' and policymakers' views on: (i) fiscal risks and fiscal sustainability; (ii) the effectiveness of fiscal policy as a countercyclical tool; (iii) the appropriate design of fiscal adjustment...

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Dettagli Bibliografici
Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2013.
Serie:Policy Papers; Policy Paper ; No. 2013/056
Accesso online:Full text available on IMF