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...

詳細記述

書誌詳細
第一著者: Bi, Ran
その他の著者: Qu, Haonan, Roaf, James
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2013.
シリーズ:IMF Working Papers; Working Paper ; No. 2013/182
オンライン・アクセス:Full text available on IMF