Search Results for Automatic Adjustment Mechanisms

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Structural budget-balance rules with countercyclical elements appear well suited to stabilize the...

In an environment characterized by weak contractual enforcement, sovereign lenders can enhance...

When policymakers have little option but to consider a sizable fiscal adjustment, they are...

This paper studies how the composition of fiscal adjustments influences their likelihood of...

We develop a simple semistructural model for the Rwandan economy to better understand the...

Many central banks in low-income countries in Sub-Saharan Africa are modernising their monetary...