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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Detalles Bibliográficos
Autor principal: Blanchard, Olivier
Otros Autores: Leigh, Daniel
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Colección:IMF Working Papers; Working Paper ; No. 2013/001
Acceso en línea:Full text available on IMF