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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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Manasse, Paolo (Autor)
Autor Corporativo: International Monetary Fund. Fiscal Affairs Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., ©2006.
Colección:IMF working paper ; WP/06/27.
Temas:
Fiscal policy > Econometric models.
Business cycles > Econometric models.
Politique fiscale > Modèles économétriques.
Cycles économiques > Modèles économétriques.
Business cycles > Econometric models
Fiscal policy > Econometric models
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