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The Cyclical Conduct of Irish Fiscal Policy

Agustín Bénétrix () and Philip Lane

The Institute for International Integration Studies Discussion Paper Series from IIIS

Abstract: This paper provides an overview of the cyclical conduct of fiscal policy in Ireland both before and during the crisis. It shows that fiscal policy has been procyclical, with financial shocks amplifying the fiscal cycle. In addition, it highlights the importance of institutional reform and outlines the case for a formal fiscal framework.

Keywords: Irish fiscal policy; cyclical fiscal policy (search for similar items in EconPapers)
JEL-codes: E62 F32 H60 (search for similar items in EconPapers)
Date: 2011-11
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Journal Article: The Cyclical Conduct of Irish Fiscal Policy (2012) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:iis:dispap:iiisdp374

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