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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Bi, Ran
Kolejni autorzy: Qu, Haonan, Roaf, James
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2013.
Seria:IMF Working Papers; Working Paper ; No. 2013/182
Dostęp online:Full text available on IMF