Essays on business cycles and the causes and consequences of procyclical policies
The conventional wisdom regarding the cyclical behavior of macroeconomic policy is that both fiscal and monetary policies are countercyclical or acyclical in most advanced economies, but procyclical in many emerging and developing countries. Procyclical policies are conducted by fiscal authorities c...
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University of York
2017
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.739916 |