Government size and output volatility : should we forsake automatic stabilization? / / Xavier Debrun, Jean Pisani-Ferry and André Sapir ; authorized for distribution by Steven Symansky |
Autore | Debrun Xavier |
Pubbl/distr/stampa | [Washington, District of Columbia] : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (55 p.) |
Disciplina | 337.142 |
Altri autori (Persone) |
Pisani-FerryJean
SapirAndré SymanskySteven |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Economic stabilization - European Union countries
Monetary policy - European Union countries |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-3461-X
1-4527-5211-7 1-4518-6982-7 1-282-84076-2 9786612840760 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Does Volatility Matter? Does Government Matter?; III. Automatic Stabilizers and the Great Moderation; A. Do bigger governments deliver greater macroeconomic stability?; B. Fiscal stabilization is not a free lunch; C. The Great Moderation: Why has output volatility declined?; Figures; 1. United States: Volatility of GDP and Consumption; 2. The Taylor Curve and the Inflation-Output Volatility Trade-off; IV. Government Size, Fiscal Stabilization and Volatility; A. The End of Big Government?; 3. Selected OECD Countries: Total Expenditure to GDP Ratio (1963-2006)
4. Selected OECD Countries: Social-Security vs. Non-Social-Security Expenditure5. Selected OECD Countries: Openness to Trade and Government Size (1963-2006); B. The Great Moderation: Beyond the United States; 6. Selected OECD Countries: The Great Moderation (1963-2006); 7. Selected OECD Countries: The Great Moderation in More Open Economies; 8. Selected OECD Countries: Volatility by Country Groupings; 9. The Changing Relationship between Volatility and Government Size; C. What Stabilizes Private Consumption?; 10. Selected OECD Countries: Government Size and Change in Output Volatility 11. United States: Variance Decomposition of Household Consumption 12. Selected Euro Area Countries Variance Decomposition of Household Consumption; V. A Fresh Look at the Link between Government Size and Volatility; A. Specification and Econometric Issues; B. Results; Tables; 1. Government Size and Volatility: Basic Results; 2. Government Size and the; 3. Government Size and Volatility: Interactions and Non-linearities (Pooled OLS, 1961- 2007); 13. Estimated Impact on Volatility of an Increase in Government Expenditure by percentage point of GDP 4. Output Volatility and Alternative Measures of Government Size (pooled OLS)VI. Conclusions; References; Appendix; Appendix Tables; A1. Government Size and Volatility: Basic Results with Output Gap Volatility; A2. Government Size and Volatility: Additional Controls; A3. Government and Volatility: Instrumental Variables (Pooled TSLS, period fixed effects, 1961-2007); A4. Government Size and the Great Moderation (Pooled OLS, 1961-2007); A5. Government and Volatility: Instrumental Variables (Pooled TSLS, period fixed effects, 1961-2007) A6. Government Size and Volatility: Interactions and Non-linearities (Pooled OLS, 1961- 2007) |
Record Nr. | UNINA-9910463999303321 |
Debrun Xavier | ||
[Washington, District of Columbia] : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Making Fiscal Space Happen : : Managing Fiscal Policy in a World of Scaled-Up Aid / / Xavier Debrun, Peter Heller, Theo Thomas, Menachem Katz, Isabell Adenauer, Taline Koranchelian |
Autore | Debrun Xavier |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (55 p.) |
Altri autori (Persone) |
HellerPeter
ThomasTheo KatzMenachem AdenauerIsabell KoranchelianTaline |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy
Finance, Public Budgeting Exports and Imports Public Finance National Government Expenditures and Related Policies: General National Budget Budget Systems Fiscal Policy Foreign Aid Public finance & taxation Budgeting & financial management Macroeconomics International economics Expenditure Budget planning and preparation Public financial management (PFM) Aid flows Expenditures, Public Budget Economic assistance |
ISBN |
1-4623-6997-9
1-4527-7233-9 1-283-51559-8 1-4519-0983-7 9786613828040 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""ACRONYMS""; ""I. INTRODUCTION""; ""II. SETTING THE APPROPRIATE FISCAL POLICY FRAMEWORK""; ""III. ENHANCING THE MANAGEMENT OF FISCAL RISK""; ""IV. INSTITUTIONAL APPROACHES TO FACILITATE FISCAL MANAGEMENT WITH SCALED-UP AID FLOWS""; ""V. CONCLUSIONS""; ""REFERENCES"" |
Record Nr. | UNINA-9910788406003321 |
Debrun Xavier | ||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Making Fiscal Space Happen : : Managing Fiscal Policy in a World of Scaled-Up Aid / / Xavier Debrun, Peter Heller, Theo Thomas, Menachem Katz, Isabell Adenauer, Taline Koranchelian |
Autore | Debrun Xavier |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (55 p.) |
Altri autori (Persone) |
HellerPeter
ThomasTheo KatzMenachem AdenauerIsabell KoranchelianTaline |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy
Finance, Public Budgeting Exports and Imports Public Finance National Government Expenditures and Related Policies: General National Budget Budget Systems Fiscal Policy Foreign Aid Public finance & taxation Budgeting & financial management Macroeconomics International economics Expenditure Budget planning and preparation Public financial management (PFM) Aid flows Expenditures, Public Budget Economic assistance |
ISBN |
1-4623-6997-9
1-4527-7233-9 1-283-51559-8 1-4519-0983-7 9786613828040 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""ACRONYMS""; ""I. INTRODUCTION""; ""II. SETTING THE APPROPRIATE FISCAL POLICY FRAMEWORK""; ""III. ENHANCING THE MANAGEMENT OF FISCAL RISK""; ""IV. INSTITUTIONAL APPROACHES TO FACILITATE FISCAL MANAGEMENT WITH SCALED-UP AID FLOWS""; ""V. CONCLUSIONS""; ""REFERENCES"" |
Record Nr. | UNINA-9910826876503321 |
Debrun Xavier | ||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|