Options for Fiscal Consolidation in the United Kingdom /
This paper examines the macroeconomic effects of different timing and composition of fiscal adjustment in the United Kingdom using the IMF's Global Fiscal Model. Early consolidation dampens aggregate demand in the short term, but increases output in the long term as smaller primary surpluses ar...
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Інші автори: | |
Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2006.
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Серія: | IMF Working Papers; Working Paper ;
No. 2006/089 |
Онлайн доступ: | Full text available on IMF |