Fiscal Consolidation in the Euro Area : How Much Can Structural Reforms Ease the Pain? /

The IMF's Global Integrated Monetary and Fiscal model (GIMF) is used to examine the scope for structural reforms in the euro area to offset the negative impact of fiscal consolidation required to put public debt back on a sustainable path. The results suggest that structural reforms in core cou...

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Bibliographic Details
Main Author: Anderson, Derek
Other Authors: Hunt, Benjamin, Snudden, Stephen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/211
Online Access:Full text available on IMF