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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Drugi avtorji: | , |
Format: | Revija |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2013.
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Serija: | IMF Working Papers; Working Paper ;
No. 2013/182 |
Online dostop: | Full text available on IMF |