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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Détails bibliographiques
Auteur principal: Blanchard, Olivier
Autres auteurs: Leigh, Daniel
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2013.
Collection:IMF Working Papers; Working Paper ; No. 2013/001
Accès en ligne:Full text available on IMF