The Cyclical Conduct of Irish Fiscal Policy
This paper is joint work with Philip Lane prepared for the Irish Economy conference at Lehigh University.
Abstract: This paper provides an overview of the cyclical conduct of fiscal policy in Ireland both before and during the crisis. It shows that fi scal policy has been procyclical, with financial shocks amplifying the fi scal cycle. In addition, it highlights the importance of institutional reform and outlines the case for a formal scal framework.
The paper can be downloaded from here.
Categories: Fiscal Policy, Irish Economy
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Agustín Bénétrix 
Great post! We will be linking to this great post on our
website. Keep up the great writing.