Advanced Economy(AE)fiscal policy is,according to some measures,expansionary in 2016 for the first time since 2010.We estimate roughly 1pp of fiscal easing(measured by changes in the cyclically-adjusted general government primary balance)in the AE average in 2016-18.
20161220-CITIGROUP-GLOBAL_ECONOMICS_VIEW:IS_FISCAL_POLICY_FINALLY_TAKING_OFF_IN.pdf
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