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150128 ||| eng |
| 020 |
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|a 9781451954708
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| 100 |
1 |
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|a Eichengreen, Barry
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| 245 |
0 |
0 |
|a Restraining Yourself
|b Fiscal Rules and Stabilization
|c Barry Eichengreen, Tamim Bayoumi
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1994
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| 300 |
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|a 24 pages
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| 651 |
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4 |
|a United States
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| 653 |
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|a Fiscal stance
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| 653 |
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|a Treasury Policy
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| 653 |
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|a Comparative or Joint Analysis of Fiscal and Monetary Policy
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| 653 |
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|a Fiscal stabilization
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| 653 |
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|a Budget Systems
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| 653 |
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|a Stabilization
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Budget planning and preparation
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| 653 |
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|a Fiscal policy
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| 653 |
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|a Budgeting
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| 653 |
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|a National Government Expenditures and Related Policies: General
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| 653 |
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|a Expenditure
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| 653 |
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|a Budget
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| 653 |
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|a Expenditures, Public
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| 653 |
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|a Macroeconomics
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| 653 |
|
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|a Public financial management (PFM)
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| 653 |
|
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|a Budgeting & financial management
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| 653 |
|
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|a National Budget
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| 653 |
|
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|a Public Finance
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| 653 |
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|a State and Local Borrowing
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| 700 |
1 |
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|a Bayoumi, Tamim
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
0 |
|a 10.5089/9781451954708.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/1994/082/001.1994.issue-082-en.xml?cid=1122-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a State budgets in the United States played a significant macroeconomic role in the 1970s and 1980s, and the level of cyclical responsiveness was affected by the severity of statutory and constitutional fiscal restraints. Moving from no fiscal restraints to the most stringent restraints lowered the fiscal offset to income fluctuations by around 40 percent. Simulations indicate that a reduction in aggregate fiscal stabilizers of this size could lead to a significant increase in the variance of aggregate output
|