Fiscal Rules and Discretion under Persistent Shocks
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- Marina Halac & Pierre Yared, 2014. "Fiscal Rules and Discretion Under Persistent Shocks," Econometrica, Econometric Society, vol. 82, pages 1557-1614, September.
- Halac, Marina & Yared, Pierre, 2013. "Fiscal Rules and Discretion under Persistent Shocks," The Warwick Economics Research Paper Series (TWERPS) 1014, University of Warwick, Department of Economics.
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More about this item
JEL classification:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- H1 - Public Economics - - Structure and Scope of Government
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2012-12-06 (All new papers)
- NEP-DGE-2012-12-06 (Dynamic General Equilibrium)
- NEP-PBE-2012-12-06 (Public Economics)
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