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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Bi, Ran
अन्य लेखक: Qu, Haonan, Roaf, James
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2013.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2013/182
ऑनलाइन पहुंच:Full text available on IMF