Series: IMF Working Papers
Author(s): Jesmin Rahman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2010
Keywords: Pro-cyclicality, cyclically-adjusted fiscal balance, expenditure, capital expenditure, social expenditure, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General,
This paper estimates revenue and expenditure pro-cyclicality with respect to output and domestic absorption in new member states of the European Union and Croatia to assess whether these countries used the boom yea...