Procyclical fiscal policy : shocks, rules, and institutions : a view from MARS /
This paper assesses the roles of shocks, rules, and institutions as possible sources of procyclicality in fiscal policy. By employing parametric and nonparametric techniques, I reach the following four main conclusions. First, policymakers' reactions to the business cycle is different depending...
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Full text (MCPHS users only) |
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, Fiscal Affairs Dept.,
2006
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| Series: | IMF working paper ;
WP/06/27. |
| Subjects: | |
| Local Note: | ProQuest Ebook Central |
