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New evidence on the cyclicality of fiscal policy (English)

This paper presents new evidence on the patterns of cyclicality in the fiscal policy stance of developing and industrialized countries over a period of more than three decades covering 180 countries during 1980–2012. First, the paper considers issues of robustness in the choice of the proxy for fiscal cyclicality by using alternative filtering methods to check whether this influences the results and leads to any differences in a country’s reported...
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Citation

Carneiro,Francisco Galrao; Garrido,Leonardo.

New evidence on the cyclicality of fiscal policy (English). Policy Research working paper|no. WPS 7293 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/319601468001191122

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