A regime-based effect of fiscal policy : evidence from an emerging economy (English)

In recent years, few authors have attempted to address the question of whether the state of the economy influences the impact of fiscal policy on the economy. Key findings have often indicated that expansionary fiscal intervention tends to be more effective when the economy is in a downturn. This favorable impact is more pronounced with an increase in government spending as opposed to a tax reduction. Despite several empirical attempts, the findings...
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Citation

Bouzid,Bechir Naier.

A regime-based effect of fiscal policy : evidence from an emerging economy (English). Policy Research working paper|no. WPS 8258 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/892451511876756525

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