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Author: Maria Antoinette Silgoner
Publisher: International Monetary Fund
ISBN: 1451859287
Category : Business & Economics
Languages : en
Pages : 30
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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.
Author: Maria Antoinette Silgoner
Publisher: International Monetary Fund
ISBN: 1451859287
Category : Business & Economics
Languages : en
Pages : 30
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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.
Author: Maria Antoinette Silgoner
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author:
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Category : Commerce
Languages : en
Pages : 1170
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Author: International Monetary Fund
Publisher:
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Category : International finance
Languages : en
Pages : 128
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Category : Art
Languages : en
Pages : 984
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Category : Banks and banking
Languages : en
Pages : 1060
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Author:
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Category :
Languages : en
Pages : 444
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Author: United States. Congress. Senate. Committee on Armed Services
Publisher:
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Category : United States
Languages : en
Pages : 978
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Author: United States. Congress. Senate. Committee on Appropriations
Publisher:
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Category : History
Languages : en
Pages : 108
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Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight
Publisher:
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Category : Tax administration and procedure
Languages : en
Pages : 228
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