Are All Summary Indicators of the Stance of Fiscal Policy Misleading?

International Monetary Fund

No 1988/112, IMF Working Papers from International Monetary Fund

Abstract: The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Keywords: WP; private sector; real value; fiscal policy stance; capital formation; consumption expenditure; government deficit; rate of inflation; consumption possibility; present discounted value; deficit in year zero; price level; business cycle; adjusted deficit; expenditure program; Fiscal stance; Income; Consumption (search for similar items in EconPapers)
Pages: 36
Date: 1988-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1988/112

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