On Graduation from Fiscal Procyclicality
收藏NBER2011-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17619
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In the past, industrial countries have tended to pursue countercyclical or, at worst, acyclical fiscal policy. In sharp contrast, emerging and developing countries have followed procyclical fiscal policy, thus exacerbating the underlying business cycle. We show that, over the last decade, about a
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美国国家经济研究局创建时间：
2011-11-01
