Pressure or Prudence? : Tales of Market Pressure and Fiscal Adjustment /
We study whether multiyear fiscal adjustment plans in 17 OECD countries during 1980-2011 have been associated with market pressure. We find that only a third (34 percent) of the consolidations occurred under market pressure, suggesting that market pressure is important but not the main element assoc...
Autor principal: | |
---|---|
Altres autors: | , |
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2013.
|
Col·lecció: | IMF Working Papers; Working Paper ;
No. 2013/170 |
Accés en línia: | Full text available on IMF |