Author: Maria Antoinette Silgoner
Publisher: International Monetary Fund
ISBN: 1451859287
Category : Business & Economics
Languages : en
Pages : 30
Book Description
We study the smoothing impact of fiscal stabilizers (proxied by government expenditures or revenues) on business cycle volatility for a panel of EU countries in the period 1970-99. The results show that the business cycle volatility smoothing effect of fiscal stabilizers may revert at high levels. We present evidence that for government expenditure ratios exceeding an estimated value of about 38 percent, a further expansion in the size of the government could actually lead to an increase in cyclical volatility. This may call for a reconsideration of the use of fiscal stabilizers for business cycle smoothing.
The Fiscal Smile
Author: Maria Antoinette Silgoner
Publisher: International Monetary Fund
ISBN: 1451859287
Category : Business & Economics
Languages : en
Pages : 30
Book Description
We study the smoothing impact of fiscal stabilizers (proxied by government expenditures or revenues) on business cycle volatility for a panel of EU countries in the period 1970-99. The results show that the business cycle volatility smoothing effect of fiscal stabilizers may revert at high levels. We present evidence that for government expenditure ratios exceeding an estimated value of about 38 percent, a further expansion in the size of the government could actually lead to an increase in cyclical volatility. This may call for a reconsideration of the use of fiscal stabilizers for business cycle smoothing.
Publisher: International Monetary Fund
ISBN: 1451859287
Category : Business & Economics
Languages : en
Pages : 30
Book Description
We study the smoothing impact of fiscal stabilizers (proxied by government expenditures or revenues) on business cycle volatility for a panel of EU countries in the period 1970-99. The results show that the business cycle volatility smoothing effect of fiscal stabilizers may revert at high levels. We present evidence that for government expenditure ratios exceeding an estimated value of about 38 percent, a further expansion in the size of the government could actually lead to an increase in cyclical volatility. This may call for a reconsideration of the use of fiscal stabilizers for business cycle smoothing.
Commerce and Finance
Author:
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 1170
Book Description
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 1170
Book Description
Publications Catalog
Author: International Monetary Fund
Publisher:
ISBN:
Category : International finance
Languages : en
Pages : 128
Book Description
Publisher:
ISBN:
Category : International finance
Languages : en
Pages : 128
Book Description
Department of Defense authorization for appropriations for fiscal years 1988 and 1989
Author: United States. Congress. Senate. Committee on Armed Services
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 998
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 998
Book Description
Bankers' Magazine and State Financial Register
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1060
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 1060
Book Description
Concurrent Resolution on the Budget for Fiscal Year 2008, S. Hrg. 110-162, Vol. 1, January 11, 2007..., 110-1 Hearings, *
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 444
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 444
Book Description
Country Life
Author:
Publisher:
ISBN:
Category : Art
Languages : en
Pages : 984
Book Description
Publisher:
ISBN:
Category : Art
Languages : en
Pages : 984
Book Description
Department of Defense Authorization for Appropriations for Fiscal Year 2006
Author: United States. Congress. Senate. Committee on Armed Services
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 978
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 978
Book Description
Supplemental Appropriations for Fiscal Year 2003
Author: United States. Congress. Senate. Committee on Appropriations
Publisher:
ISBN:
Category : History
Languages : en
Pages : 108
Book Description
Publisher:
ISBN:
Category : History
Languages : en
Pages : 108
Book Description
The Golden Shaft
Author: Charles Gibbon
Publisher:
ISBN:
Category :
Languages : en
Pages : 378
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 378
Book Description