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Promoting Counter-Cyclical Fiscal Policy: Fiscal Rules Versus Institutions
We explore under different exchange rate regimes how fiscal rules and institutions can reduce the procyclical stance of fiscal policy (i.e. how government spending responds to GDP fluctuations). We construct a fiscal rules index which is a composite index measuring the overall strength of fiscal rul...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Palgrave Macmillan UK
2022
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9648450/ https://www.ncbi.nlm.nih.gov/pubmed/36408198 http://dx.doi.org/10.1057/s41294-022-00197-0 |