Construct · 1 fields · 1 citations

graduation from fiscal procyclicality: a standalone construct

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Development economics

the shift of a country's fiscal policy from procyclical to countercyclical over time, linked to improvements in institutional quality.

In development economics, graduation from fiscal procyclicality refers to the shift of a country's fiscal policy from procyclical to countercyclical over time, linked to improvements in institutional quality. This meaning comes from Frankel (2013) in Journal of Development Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

development1 fields · 2 citationsanchor · a standalone construct graduation1 fields · 1 citationsanchor · a standalone construct policy2 fields · 4 citationsjingle · one word, two constructs

References

Frankel, J. A., Vegh, C. A., & Vuletin, G. (2013). On graduation from fiscal procyclicality. Journal of Development Economics, 100(1), 32-47. https://doi.org/10.1016/j.jdeveco.2012.07.001

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