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...
Κύριος συγγραφέας: | |
---|---|
Άλλοι συγγραφείς: | , |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2013.
|
Σειρά: | IMF Working Papers; Working Paper ;
No. 2013/182 |
Διαθέσιμο Online: | Full text available on IMF |