FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3035662815> ?p ?o ?g. }

• W3035662815 endingPage "102328" @default.
• W3035662815 startingPage "102328" @default.
• W3035662815 abstract "Rather than stabilising aggregate demand, discretionary fiscal policy tends to amplify cyclical fluctuations of output. The commonly accepted reasons are political economy and uncertainty. In the EU, the pro-cyclical nature of discretionary fiscal policy has also been associated with the commonly agreed fiscal rules, which, for some observers, unduly limit the scope for stabilising output. Using panel data covering close to 40 EU and non-EU countries, we provide evidence that the volatility of output gap estimates is not a convincing explanation for pro-cyclical policies. With the exception of very large shocks, discretionary measures remain ill-timed from a stabilisation perspective even when observable and politically more meaningful indicators of the cycle are used. We also show that deviations from fiscal rules and the accumulation of government debt foster pro-cyclical fiscal policy. Lawmakers can run discretionary fiscal policy measures based on political economy considerations up to a point. Once debt grows too high, the leeway to stabilise output with discretionary fiscal policy measures fades. Complying with fiscal rules that limit the increase in government debt or keep a steady course in the face of cyclical fluctuation is conducive to counter-cyclical fiscal policy making." @default.
• W3035662815 created "2020-06-19" @default.
• W3035662815 creator A5034757469 @default.
• W3035662815 creator A5044343951 @default.
• W3035662815 creator A5051651065 @default.
• W3035662815 date "2021-04-01" @default.
• W3035662815 modified "2023-10-14" @default.
• W3035662815 title "Do EU fiscal rules support or hinder counter-cyclical fiscal policy?" @default.
• W3035662815 cites W1536777115 @default.
• W3035662815 cites W1973399956 @default.
• W3035662815 cites W1975067240 @default.
• W3035662815 cites W1977671076 @default.
• W3035662815 cites W1980188551 @default.
• W3035662815 cites W1985469166 @default.
• W3035662815 cites W2007823168 @default.
• W3035662815 cites W2011502307 @default.
• W3035662815 cites W2018792429 @default.
• W3035662815 cites W2031810036 @default.
• W3035662815 cites W2034421007 @default.
• W3035662815 cites W2046555582 @default.
• W3035662815 cites W2052545666 @default.
• W3035662815 cites W2065307478 @default.
• W3035662815 cites W2092489668 @default.
• W3035662815 cites W2111557483 @default.
• W3035662815 cites W2123751910 @default.
• W3035662815 cites W2128134302 @default.
• W3035662815 cites W2134246329 @default.
• W3035662815 cites W2137525406 @default.
• W3035662815 cites W2152147980 @default.
• W3035662815 cites W2167997027 @default.
• W3035662815 cites W2304750894 @default.
• W3035662815 cites W2548085351 @default.
• W3035662815 cites W2560494255 @default.
• W3035662815 cites W2783148765 @default.
• W3035662815 cites W2897694754 @default.
• W3035662815 cites W2930683676 @default.
• W3035662815 cites W2935708756 @default.
• W3035662815 cites W2953947123 @default.
• W3035662815 cites W2955631949 @default.
• W3035662815 cites W3023600347 @default.
• W3035662815 cites W3025280704 @default.
• W3035662815 cites W3082113608 @default.
• W3035662815 cites W3121200830 @default.
• W3035662815 cites W3121403162 @default.
• W3035662815 cites W3121914746 @default.
• W3035662815 cites W3122190889 @default.
• W3035662815 cites W3122732273 @default.
• W3035662815 cites W3123141884 @default.
• W3035662815 cites W3124174920 @default.
• W3035662815 cites W3124391258 @default.
• W3035662815 cites W3124470317 @default.
• W3035662815 cites W3125768752 @default.
• W3035662815 cites W3156935206 @default.
• W3035662815 cites W4238774791 @default.
• W3035662815 doi "https://doi.org/10.1016/j.jimonfin.2020.102328" @default.
• W3035662815 hasPublicationYear "2021" @default.
• W3035662815 type Work @default.
• W3035662815 sameAs 3035662815 @default.
• W3035662815 citedByCount "21" @default.
• W3035662815 countsByYear W30356628152021 @default.
• W3035662815 countsByYear W30356628152022 @default.
• W3035662815 countsByYear W30356628152023 @default.
• W3035662815 crossrefType "journal-article" @default.
• W3035662815 hasAuthorship W3035662815A5034757469 @default.
• W3035662815 hasAuthorship W3035662815A5044343951 @default.
• W3035662815 hasAuthorship W3035662815A5051651065 @default.
• W3035662815 hasBestOaLocation W30356628152 @default.
• W3035662815 hasConcept C10138342 @default.
• W3035662815 hasConcept C114708693 @default.
• W3035662815 hasConcept C120527767 @default.
• W3035662815 hasConcept C126285488 @default.
• W3035662815 hasConcept C138885662 @default.
• W3035662815 hasConcept C139719470 @default.
• W3035662815 hasConcept C162324750 @default.
• W3035662815 hasConcept C203379541 @default.
• W3035662815 hasConcept C2778137410 @default.
• W3035662815 hasConcept C2779513878 @default.
• W3035662815 hasConcept C41895202 @default.
• W3035662815 hasConcept C524878704 @default.
• W3035662815 hasConcept C556758197 @default.
• W3035662815 hasConcept C91602232 @default.
• W3035662815 hasConceptScore W3035662815C10138342 @default.
• W3035662815 hasConceptScore W3035662815C114708693 @default.
• W3035662815 hasConceptScore W3035662815C120527767 @default.
• W3035662815 hasConceptScore W3035662815C126285488 @default.
• W3035662815 hasConceptScore W3035662815C138885662 @default.
• W3035662815 hasConceptScore W3035662815C139719470 @default.
• W3035662815 hasConceptScore W3035662815C162324750 @default.
• W3035662815 hasConceptScore W3035662815C203379541 @default.
• W3035662815 hasConceptScore W3035662815C2778137410 @default.
• W3035662815 hasConceptScore W3035662815C2779513878 @default.
• W3035662815 hasConceptScore W3035662815C41895202 @default.
• W3035662815 hasConceptScore W3035662815C524878704 @default.
• W3035662815 hasConceptScore W3035662815C556758197 @default.
• W3035662815 hasConceptScore W3035662815C91602232 @default.
• W3035662815 hasLocation W30356628151 @default.
• W3035662815 hasLocation W30356628152 @default.
• W3035662815 hasLocation W30356628153 @default.

• next