Procyclical Fiscal Policy

• Κύριοι συγγραφείς: Ihori, Toshihiro (Συγγραφέας, http://id.loc.gov/vocabulary/relators/aut), Kameda, Keigo (http://id.loc.gov/vocabulary/relators/aut)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Singapore : Springer Singapore : Imprint: Springer, 2018.
• Έκδοση: 1st ed. 2018.
• Σειρά: Development Bank of Japan Research Series,
• Θέματα: Public finance.; Asia-Economic conditions.; Public Economics.; Asian Economics.

Conventional wisdom dictates that a fiscal policy should be counter-cyclical. However, contrary to this conventional views, recent research has demonstrated that fiscal policy is actually procyclical in most developing countries. In this book, we attempt to propose a new interpretation of this procy...