Assessing the Impact and Phasing of Multi-year Fiscal Adjustment : A General Framework /

This paper provides a general framework to assess the output and debt dynamics of an economy undertaking multi-year fiscal adjustment. The framework allows country-specific assumptions about the magnitude and persistence of fiscal multipliers, hysteresis effects, and endogenous financing costs. In a...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Bi, Ran
مؤلفون آخرون: Qu, Haonan, Roaf, James
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/182
الوصول للمادة أونلاين:Full text available on IMF