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This note comments on two central issues for fiscal policy design in the UK, highlighted in the recent Code for Fiscal Stability' proposed by the new Labour government. The first concerns the merits of the so-called golden rule of public sector investment' -- the proposition that, over the...
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This note comments on two central issues for fiscal policy design in the UK, highlighted in the recent Code for Fiscal Stability' proposed by the new Labour government. The first concerns the merits of the so-called golden rule of public sector investment' -- the proposition that, over the...
Persistent link: https://www.econbiz.de/10013230974
Persistent link: https://www.econbiz.de/10014426107
policy, and political economy. It merges macroeconomic growth models with elements of political economic theory to address …
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