A Model-based Fiscal Taylor Rule and a Toolkit to Assess the Fiscal Stance

A Model-based Fiscal Taylor Rule and a Toolkit to Assess the Fiscal Stance
This paper presents a model-based fiscal Taylor rule and a toolkit to assess the fiscal stance, defined as the change in the structural primary balance. This is built on the normative buffer-stock model of the government (Fournier, 2019) which includes key channels like hysteresis, cycle-dependent multipliers and a risk premium. A simple fiscal... READ MORE...

Publication date: February 2020
ISBN 9781513529240
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: February 2020

PDF

Publication date: February 2020

ePub

Publication date: February 2020

English