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...

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Bibliografische gegevens
Hoofdauteur: Dell'Erba, Salvatore
Andere auteurs: Mattina, Todd, Roitman, Agustin
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2013.
Reeks:IMF Working Papers; Working Paper ; No. 2013/170
Online toegang:Full text available on IMF