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Economists usually prescribe countercyclical fiscal policies to stabilize economies: government spending should increase during economic downturns and decrease during booms. Yet, empirical research... Click to show full abstract
Economists usually prescribe countercyclical fiscal policies to stabilize economies: government spending should increase during economic downturns and decrease during booms. Yet, empirical research...
Keywords:
fiscal policy;
cycle evidence;
quality fiscal;
policy cycle;
institutional quality;
democracy institutional
Journal Title: Applied Economics
Year Published: 2021
Link to full text (if available)
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Journal Title: Applied Economics
Year Published: 2021
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!