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...

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Xehetasun bibliografikoak
Egile nagusia: Bi, Ran
Beste egile batzuk: Qu, Haonan, Roaf, James
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2013.
Saila:IMF Working Papers; Working Paper ; No. 2013/182
Sarrera elektronikoa:Full text available on IMF