A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile
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https://www.nber.org/papers/w16945
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资源简介：
Historically, many countries have suffered a pattern of procyclical fiscal policy: spending too much in booms and then forced to cut back in recessions. This problem has especially plagued Latin American commodity exporters. Since 2000, fiscal policy in Chile has been governed by a structural budget
提供机构：
美国国家经济研究局
创建时间：
2011-04-01
