Regla de Oro, sostenibilidad y regla fiscal contracíclica
The current fiscal policy does not differentiate capital expenditure from current expenditure. Since the global deficit target is fixed according to the present fiscal policy rule, the non financial expenditure becomes pro cyclical, and the public investment is adjusted to meet the targeted deficit....
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| Format: | Others |
| Language: | Español |
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Economía
2012
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| Online Access: | http://revistas.pucp.edu.pe/index.php/economia/article/view/172/169 http://repositorio.pucp.edu.pe/index/handle/123456789/117934 |