| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5878 |
| DP5878 The Structural Dynamics of Output Growth and Inflation: Some International Evidence | |
| Fabio Canova; Evi Pappa; Luca Gambetti | |
| 发表日期 | 2006-10-08 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | The budget deficit bias is modeled as the result of a domestic common pool problem and of an international externality. Along with Piguvian taxes, a number of policy measures are examined and welfare-ranked: deficit ceilings, golden rules and delegation. In general, the combination of delegation and an optimally-set deficit ceiling deliver the social optimum, even if the deficit ceiling is not credible. |
| 主题 | International Macroeconomics |
| 关键词 | Common pool Fiscal restraints Fiscal rules Stability pact Fiscal institutions Deficit bias |
| URL | https://cepr.org/publications/dp5878 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534712 |
| 推荐引用方式 GB/T 7714 | Fabio Canova,Evi Pappa,Luca Gambetti. DP5878 The Structural Dynamics of Output Growth and Inflation: Some International Evidence. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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