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...

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Detalhes bibliográficos
Autor principal: Leigh, Daniel
Outros Autores: Guajardo, Jaime, Pescatori, Andrea
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
Colecção:IMF Working Papers; Working Paper ; No. 2011/158
Acesso em linha:Full text available on IMF