An Empirical Analysis of Fiscal Adjustments /

This study uses the fiscal expansion and consolidation experiences of the industrial countries over the period 1970 to 1995 to examine the interplay between fiscal adjustments and economic performance. A key finding is that fiscal consolidation need not trigger an economic slowdown. Fiscal consolida...

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Bibliographic Details
Main Author: Westcott, Robert
Other Authors: McDermott, C.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/059
Online Access:Full text available on IMF