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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Bibliografske podrobnosti
Glavni avtor: Blanchard, Olivier
Drugi avtorji: Leigh, Daniel
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2013.
Serija:IMF Working Papers; Working Paper ; No. 2013/001
Online dostop:Full text available on IMF