Fiscal Policy and Macroeconomic Stability: New Evidence and Policy Implications

The paper revisits the empirical link between fiscal policy and macroeconomic stability. Our basic presumption is that by definition, the operation of automatic stabilizers should always and everywhere contribute to greater macroeconomic stability (output and consumption). However, two stylized fact...

Full description

Bibliographic Details
Main Authors: Debrun, Xavier, Kapoor, Radhicka
Format: Online
Language:eng
Published: Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2010
Subjects:
Online Access:https://revistas.unc.edu.ar/index.php/REyE/article/view/4107