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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Bibliographic Details
Main Author: Pescatori, Andrea
Other Authors: Devries, Pete, Guajardo, Jaime, Leigh, Daniel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/128
Online Access:Full text available on IMF