A Model-based Fiscal Taylor Rule and a Toolkit to Assess the Fiscal Stance
February 14, 2020
Preview Citation
Format: Chicago
Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary
Subject: Fiscal multipliers, Fiscal policy, Fiscal rules, Fiscal stance, National accounts, Output gap, Production, Return on investment
Keywords: Economic stabilization, Fiscal multipliers, Fiscal policy, Fiscal rules, Fiscal stance, France government, Global, Government balance, Government behavior, Government budget constraint, Government debt, Government decision, Government need, Government objective function, Government's choice, Objective function, Optimizing government, Output gap, Output gap threshold, Output gap trajectory, Output gap uncertainty, Public debt, Return on investment, Utility function, WP
Publication Details
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Pages:
36
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 2020/033
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Stock No:
WPIEA2020033
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ISBN:
9781513529240
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ISSN:
1018-5941