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...
Tác giả chính: | |
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Tác giả khác: | , , |
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2010.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2010/163 |
Truy cập trực tuyến: | Full text available on IMF |