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...
| Auteur principal: | |
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| Autres auteurs: | , , |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2010/163 |
| Accès en ligne: | Full text available on IMF |