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Automatic Stabilizers and the Size of Government
			: Correcting a Common Misunderstanding

Automatic Stabilizers and the Size of Government : Correcting a Common Misunderstanding »

Volume/Issue: 2010/155

Series: IMF Working Papers

Author(s): Carlo Cottarelli , and Annalisa Fedelino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

DOI: http://dx.doi.org/10.5089/9781455201389.001

ISBN: 9781455201389

Keywords: cyclical adjustment, expenditure, fiscal balances, budget balance, public spending, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General, National Deficit Surplus, National Budget

The size of government is a commonly used variable in many analytical studies on the effects of fiscal policy. An accepted practice is to measure it as the ratio of government spending to GDP. However, this is not...

Policy Coordination in Fiscal Federalism
			: Drawing Lessons From the Dubai Debt Crisis

Policy Coordination in Fiscal Federalism : Drawing Lessons From the Dubai Debt Crisis »

Volume/Issue: 2011/147

Series: IMF Working Papers

Author(s): Serhan Cevik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

DOI: http://dx.doi.org/10.5089/9781455269457.001

ISBN: 9781455269457

Keywords: cyclically-adjusted budget balance, fiscal federalism, statement of fiscal risks, debt, deficit, budget, public sector, General Outlook and Conditions, Fiscal Policies and Behavior of Economic Agents: General, National Government Expenditures and Related Policies: General

Using the cyclically adjusted non-hydrocarbon primary balance, this paper investigates the evolution of the fiscal policy stance in the United Arab Emirates at consolidated and sub-national levels in the run-up and...