Deep Roots of Fiscal Behavior

This paper investigates the determinants of fiscal policy behavior and its time-varying volatility, using panel data for a broad set of advanced and emerging market economies during the period 1990–2012. The empirical results show that discretionary fiscal policy is influenced by policy inertia,...

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Bibliographic Details
Main Authors: Serhan Cevik, Katerina Teksoz
Format: Article
Language:English
Published: University of Warsaw 2014-05-01
Series:Journal of Banking and Financial Economics
Subjects:
Online Access:https://press.wz.uw.edu.pl/cgi/viewcontent.cgi?article=1095&context=jbfe