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- 2Fiscal Policy
- 1Canadian Government Economic Policy
- 1Federal Budgets
- 1Fiscal Rules
This study takes as its basic premise that, although monetary policy in Canada during the post-second World War period has been extensively documented and analyzed, the broad strategies and outcomes of fiscal policy are not as well documented or understood. As a result, a large part of the study...
The growth of debt and deficits in developed countries has led many states to consider the adoption of fiscal rules. There is little evidence on the benefits of different types of rules. This study uses Monte Carlo techniques to examine the impact on welfare and government spending stabilization...