Fiscal Procyclicality in Commodity Exporting Countries: How Much Does it Pour and Why?
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A large literature has documented that fiscal policy is procyclical in emerging markets and developing economies and acyclical/countercyclical in advanced economies. This paper analyzes fiscal procyclicality in commodity-exporting countries. It first shows that the degree of fiscal procyclicality is
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美国国家经济研究局创建时间：
2023-07-01
