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Why is Fiscal Policy Often Procyclical?
Language: en
Pages: 62
Authors: Alberto Alesina
Categories: Fiscal policy
Type: BOOK - Published: 2005 - Publisher:

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Many countries, especially developing ones, follow procyclical fiscal polices, namely spending goes up (taxes go down) in booms and spending goes down (taxes go
Fiscal Policy, Stabilization, and Growth
Language: en
Pages: 354
Authors: Guillermo E. Perry
Categories: Business & Economics
Type: BOOK - Published: 2007-10-19 - Publisher: World Bank Publications

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Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, wit
Fiscal Policy in Developing Countries:
Language: en
Pages: 46
Authors: Roberto Perotti
Categories: Economic development
Type: BOOK - Published: 2007 - Publisher: World Bank Publications

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This paper surveys fiscal policy in developing countries from the point of view of long-run growth. The first section reviews existing methodologies to estimate
Is Fiscal Policy the Answer?
Language: en
Pages: 286
Authors: Blanca Moreno-Dodson
Categories: Business & Economics
Type: BOOK - Published: 2012-10 - Publisher: World Bank Publications

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Fiscal policy is an important instrument for maintaining and improving living standards. Such living standards can be viewed as an outcome of the interaction be
Procyclical Fiscal Policy
Language: en
Pages: 78
Authors: Toshihiro Ihori
Categories: Business & Economics
Type: BOOK - Published: 2018-12-28 - Publisher: Springer

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Conventional wisdom dictates that a fiscal policy should be counter-cyclical. However, contrary to this conventional views, recent research has demonstrated tha