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...

Cijeli opis

Bibliografski detalji
Glavni autor: Dell'Erba, Salvatore
Daljnji autori: Mattina, Todd, Roitman, Agustin
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2013.
Serija:IMF Working Papers; Working Paper ; No. 2013/170
Online pristup:Full text available on IMF