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Determining the fiscal policy time-frame: the dominance of exogenous circumstances.

Noon, Adrian Kenneth

Description

Fiscal policy is one of the fundamental tools of political management, and of macro-economic policy. This paper largely confines itself to the second of these functions. It investigates the question of whether there are any circumstances which justify using fiscal policy in a counter-cyclical stabilisation role. The economic issues relevant to this question are assessed, on the basis of the literature and empirical evidence, under three headings: 1. the objectives to which policy may...[Show more]

CollectionsANU Crawford School of Public Policy
Date published: 1992-02
Type: Working/Technical Paper
URI: http://digitalcollections.anu.edu.au/handle/1885/7051
https://hdl.handle.net/1885/7051

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