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,...
Main Authors: | , |
---|---|
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 |