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...

Полное описание

Библиографические подробности
Главный автор: Dell'Erba, Salvatore
Другие авторы: Mattina, Todd, Roitman, Agustin
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2013.
Серии:IMF Working Papers; Working Paper ; No. 2013/170
Online-ссылка:Full text available on IMF