Fiscal policy: Its role in an independent Scotland

Anthony J Laramie and Douglas Mair

No PKWP1307, Working Papers from Post Keynesian Economics Society (PKES)

Abstract: In this paper we consider the implications for macroeconomic fiscal policy in Scotland if the Scottish electorate votes in favour of independence in the referendum on 18 September, 2014. We offer the paper in the spirit of the new thinking that the Scottish government's Fiscal Commission has argued will be required if the potential benefits from the exercise of independently determined macroeconomic policy instruments are to be achieved.

Keywords: Scotland; fiscal policy; secession (search for similar items in EconPapers)
JEL-codes: E62 F52 H77 R11 (search for similar items in EconPapers)
Pages: 30
Date: 2013-11
New Economics Papers: this item is included in nep-mac, nep-pbe and nep-pke
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Persistent link: https://EconPapers.repec.org/RePEc:pke:wpaper:pkwp1307

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