Expansionary Austerity New International Evidence /

This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding t...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Leigh, Daniel
Weitere Verfasser: Guajardo, Jaime, Pescatori, Andrea
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/158
Online Zugang:Full text available on IMF