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...
मुख्य लेखक: | |
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अन्य लेखक: | , , |
स्वरूप: | पत्रिका |
भाषा: | English |
प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2010.
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श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2010/163 |
ऑनलाइन पहुंच: | Full text available on IMF |