The Cyclical Conduct of Irish Fiscal Policy

This paper provides an overview of the cyclical conduct of fiscal policy in Ireland both before and during the crisis. It shows that fiscal policy has been procyclical, with financial shocks amplifying the fiscal cycle. In addition, it highlights the importance of institutional reform and outlines the case for a formal fiscal framework.

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Year of publication:	2011-11
Authors:	Benetrix, Agustin ; Lane, Philip R.
Institutions:	Institute for International Integration Studies (IIIS), Trinity College Dublin
Subject:	Irish fiscal policy \| cyclical fiscal policy

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Series:	The Institute for International Integration Studies Discussion Paper Series.
Type of publication:	Book / Working Paper
Notes:	20 pages
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; F32 - Current Account Adjustment; Short-Term Capital Movements ; H60 - National Budget, Deficit, and Debt. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009292074