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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| 其他作者: | , |
| 格式: | 雜誌 |
| 語言: | English |
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Washington, D.C. :
International Monetary Fund,
2013.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2013/182 |
| 在線閱讀: | Full text available on IMF |