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Stylized Facts of Government Finance in the G-7

Stylized Facts of Government Finance in the G-7 »

Source: Stylized Facts of Government Finance in the G-7

Volume/Issue: 1997/142

Series: IMF Working Papers

Author(s): Riccardo Fiorito

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451927573

Keywords: Stylized Facts, Business Cycle, Government Finance, real gdp, taxation, tax rates, business cycles

The stylized facts of government finance in the Group of Seven (G-7) industrial countries show that revenues lag real GDP procyclically, while government spending in most cases fails to lead the economy procyclical...

Stylized Facts of Government Finance in the G-7

Stylized Facts of Government Finance in the G-7 »

Volume/Issue: 1997/142

Series: IMF Working Papers

Author(s): Riccardo Fiorito

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

DOI: http://dx.doi.org/10.5089/9781451927573.001

ISBN: 9781451927573

Keywords: Stylized Facts, Business Cycle, Government Finance, real gdp, taxation, tax rates, business cycles

The stylized facts of government finance in the Group of Seven (G-7) industrial countries show that revenues lag real GDP procyclically, while government spending in most cases fails to lead the economy procyclical...