The Role for Counter-Cyclical Fiscal Policy in Singapore
| Author/creator | Eskesen, Leif Lybecker Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 162 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation Singapore's policymakers have often used fiscal policy as a counter-cyclical tool. Empirical results based on a structural autoregression framework suggest that fiscal policy can be used for demand management, although the impact may be somewhat short lived. the short-lived impact could reflect a number of factors, including the absence of credit-constrained economic agents, a high propensity to save among households, monetary focus on price stability, and leakages due to economic openness. Notwithstanding, fiscal policy should still play a key stabilizing role in the current downturn given the downside risks to growth and the vast fiscal space. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781451915914 |
| ISBN | 1451915918 (E-Book) Active Record |
| Stock number | 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |