Search Results for procyclicality

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This paper provides evidence of fiscal procyclicality, excessive deficits, distorted budget...

Using a recent IMF survey and expanding on previous studies, we document the use...

This paper (i) provides evidence on the procyclical investment behavior of major institutional...

Expenditure in Iceland, especially related to the government wage bill, has tended to move in a...

Few papers have attempted to assess the role of “capacity,” especially in the area of ...

Macroprudential policies – caps on loan to value ratios, limits on credit growth and other...