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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Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Bi, Ran
Rannpháirtithe: Qu, Haonan, Roaf, James
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/182
Rochtain ar líne:Full text available on IMF