Growth Forecast Errors and Fiscal Multipliers /

This paper investigates the relation between growth forecast errors and planned fiscal consolidation during the crisis. We find that, in advanced economies, stronger planned fiscal consolidation has been associated with lower growth than expected, with the relation being particularly strong, both st...

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Bibliografiske detaljer
Hovedforfatter: Blanchard, Olivier
Andre forfattere: Leigh, Daniel
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2013.
Serier:IMF Working Papers; Working Paper ; No. 2013/001
Online adgang:Full text available on IMF