Series: IMF Working Papers
Author(s): Evan Tanner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2003
Keywords: Ramsey approach, tax smoothing, countercyclical policy, primary deficit, tax rates, tax rate, fiscal rules, fiscal rule,
Fiscal rules—legal restrictions on government borrowing, spending, or debt accumulation (like the Gramm-Rudman-Hollings Act in the United States)—have recently been adopted or considered in several co...