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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书目详细资料
主要作者: Bi, Ran
其他作者: Qu, Haonan, Roaf, James
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2013.
丛编:IMF Working Papers; Working Paper ; No. 2013/182
在线阅读:Full text available on IMF