What Makes Discretionary Counter-Cyclical Fiscal Policy so Difficult? An Analysis of 32 OECD Countries
Author:
Affiliation:
1. Faculty of Economics and Business, University of Groningen , The Netherlands
2. CESifo , Munich, Germany
Abstract
Publisher
Oxford University Press (OUP)
Subject
Economics and Econometrics,Geography, Planning and Development
Link
https://academic.oup.com/cesifo/article-pdf/69/1/1/50097607/ifad001.pdf
Reference54 articles.
1. Time-Varying Cyclicality of Fiscal Policy: The Case of the Euro Area;Afonso;North American Journal of Economics and Finance,2022
2. Cyclical Budgetary Policy and Economic Growth: What Do We Learn from OECD Panel Data?;Aghion;NBER Macroeconomics Annual,2007
3. Austerity in 2009-2013;Alesina;Economic Policy,2015
4. Why Is Fiscal Policy Often Procyclical?;Alesina;Journal of the European Economic Association,2008
5. Current Expenditure Upswings in Good Times and Public Investment Downswings in Bad Times? New Evidence from Developing Countries;Ardanaz;Journal of Comparative Economics,2022
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