The Distributional Effects of Fiscal Consolidation /

This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978-2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage in...

Full description

Bibliographic Details
Main Author: Ball, Laurence
Other Authors: Furceri, Davide, Leigh, Daniel, Loungani, Prakash
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/151
Online Access:Full text available on IMF
LEADER 01663cas a2200277 a 4500
001 AALejournalIMF013681
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781475551945 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Ball, Laurence. 
245 1 4 |a The Distributional Effects of Fiscal Consolidation /  |c Laurence Ball, Davide Furceri, Daniel Leigh, Prakash Loungani. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2013. 
300 |a 1 online resource (24 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978-2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The evidence also suggests that spending-based adjustments have had, on average, larger distributional effects than tax-based adjustments. 
538 |a Mode of access: Internet 
700 1 |a Furceri, Davide. 
700 1 |a Leigh, Daniel. 
700 1 |a Loungani, Prakash. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2013/151 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2013/151/001.2013.issue-151-en.xml  |z IMF e-Library