Procyclical Fiscal Policy
Conventional wisdom dictates that a fiscal policy should be counter-cyclical. However, contrary to this conventional views, recent research has demonstrated that fiscal policy is actually procyclical in most developing countries. In this book, we attempt to propose a new interpretation of this procy...
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| Hlavní autor: | |
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| Médium: | Elektronický zdroj E-kniha |
| Jazyk: | angličtina |
| Vydáno: |
Singapore :
Springer Singapore ,
2018.
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| Vydání: | 1st ed. 2018. |
| Edice: | Development Bank of Japan Research Series,
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| Témata: | |
| ISBN: | 9789811329951 |
| ISSN: | 2367-0967 |
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Obsah:
- 1 Numerical Overview of Fiscal Cyclicality
- 2 Theory of Procyclical Fiscal Policy
- 3 Budget Deficits and Income Fluctuation in a Political Economy.