A New Action-Based Dataset of Fiscal Consolidation /

This paper presents a new dataset of fiscal consolidation for 17 OECD economies during 1978-2009. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify the...

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Xehetasun bibliografikoak
Egile nagusia: Pescatori, Andrea
Beste egile batzuk: Devries, Pete, Guajardo, Jaime, Leigh, Daniel
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2011.
Saila:IMF Working Papers; Working Paper ; No. 2011/128
Sarrera elektronikoa:Full text available on IMF
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100 1 |a Pescatori, Andrea. 
245 1 2 |a A New Action-Based Dataset of Fiscal Consolidation /  |c Andrea Pescatori, Daniel Leigh, Jaime Guajardo, Pete Devries. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2011. 
300 |a 1 online resource (90 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents a new dataset of fiscal consolidation for 17 OECD economies during 1978-2009. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify the motivation and budgetary impact of the fiscal policy changes, we examine contemporaneous policy documents, including Budgets, Budget Speeches, central bank reports, Convergence and Stability Programs submitted by the authorities to the European Commission, and IMF and OECD reports. The resulting series can be used to estimate the macroeconomic effects of fiscal consolidation. 
538 |a Mode of access: Internet 
700 1 |a Devries, Pete. 
700 1 |a Guajardo, Jaime. 
700 1 |a Leigh, Daniel. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2011/128 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2011/128/001.2011.issue-128-en.xml  |z IMF e-Library