Fiscal Adjustments in OECD Countries : Composition and Macroeconomic Effects /

This paper studies how the composition of fiscal adjustments influences their likelihood of 'success', defined as a long lasting deficit reduction, and their macroeconomic consequences. We find that fiscal adjustments which rely primarily on spending cuts on transfers and the government wa...

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Detalhes bibliográficos
Autor principal: Alesina, Alberto
Outros Autores: Perotti, Roberto
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1996.
coleção:IMF Working Papers; Working Paper ; No. 1996/070
Acesso em linha:Full text available on IMF