Por favor, use este identificador para citar o enlazar este ítem: http://hdl.handle.net/10637/422
Título : Reassessing discretionary fiscal policy.
Autor : Taylor, John B.
Materias: Política fiscal.
Fecha de publicación : 20-oct-2000
Editorial : Stanford (California) : Stanford University, 2000.
Resumen : Recent changes in policy research and in policy-making call for a reassessment of countercyclical fiscal policy. Such a reassesment indicates that countercyclical fiscal policy should focus on the automatic stabilizers rather than discretionary actions. Monetary policy has been reacting more systematically to output and inflation; long expansions in the 1980s and 1990s demonstrate the effectiveness of such a policy. It is unlikely that discretionary countercyclical fiscal policy could improve things, even if there were less uncertainty about fiscal impacts. A discretionary countercyclcal fiscal policy could make monetary policy-making more difficult. Rather iscretionary fiscal policy should focus on long run issues, such as tax reform and social security reform.
URI : http://hdl.handle.net/10637/422
Derechos: http://creativecommons.org/licenses/by-nc-nd/4.0/deed.es
Otros identificadores : 000000405984
Aparece en las colecciones: Biblioteca Digital

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