Budget Consolidation : Short-Term Pain and Long-Term Gain /
The paper evaluates the costs and benefits of fiscal consolidation using simulations based on the IMFs global DSGE model GIMF. Over the longer run, well-targeted permanent reductions in budget deficits lead to a considerable increase in both the growth rate and the level of output. The gains may be...
| 第一著者: | Laxton, Douglas |
|---|---|
| その他の著者: | Clinton, Kevin, Kumhof, Michael, Mursula, Susanna |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| シリーズ: | IMF Working Papers; Working Paper ;
No. 2010/163 |
| オンライン・アクセス: | Full text available on IMF |
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