Stylized Facts of Government Finance in the G 7

This book PDF is perfect for those who love Business & Economics genre, written by Mr.Riccardo Fiorito and published by International Monetary Fund which was released on 01 October 1997 with total hardcover pages 55. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Stylized Facts of Government Finance in the G 7 books below.

Stylized Facts of Government Finance in the G 7

Author	: Mr.Riccardo Fiorito
File Size	: 47,7 Mb
Publisher	: International Monetary Fund
Language	: English
Release Date	: 01 October 1997
ISBN	: 9781451927573
Pages	: 55 pages

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Stylized Facts of Government Finance in the G 7 by Mr.Riccardo Fiorito Book PDF Summary

The stylized facts of government finance in the Group of Seven (G-7) industrial countries show that revenues lag real GDP procyclically, while government spending in most cases fails to lead the economy procyclically. This finding is not confined to transfers but also applies to the wage component of government consumption as well as, in most cases, to government fixed investment. Government deficits are always countercyclical but there is little evidence that stabilization is equally successful in stimulating the economy before shocks materialize.

Stylized Facts of Government Finance in the G 7 by Mr.Riccardo Fiorito

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