https://9p7pzq3jbl.execute-api.us-east-1.amazonaws.com/ProdStage
Skip to main content
Fiscal Procyclicality and Output Forecast Errors: Bad Luck or Bad Decisions?
Feb 2015
Author(s):
Avellán, Leopoldo;Vuletin, Guillermo
Government spending in the developing world has historically been procyclical. Traditional explanations for this have mostly revolved around the explicit or implicit notion that fiscal procyclicality…