Procyclical Debt as Automatic Stabilizer
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More about this item
Keywords
Debt; Fiscal Rules; Non-Ricardian Agents; SVAR.;JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2013-09-13 (All new papers)
- NEP-DGE-2013-09-13 (Dynamic General Equilibrium)
- NEP-MAC-2013-09-13 (Macroeconomics)
- NEP-PBE-2013-09-13 (Public Economics)
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