Fiscal Consolidations and Growth : Does Speed Matter? /

Should fiscal consolidations be front-loaded or proceed at a more steady pace, and how does this affect growth? We make an attempt to address this question using a three-step methodology. First, we modify a standard regression of growth on consolidation size to allow speed to affect the multiplier....

Повний опис

Бібліографічні деталі
Автор: Pennings, Steven
Інші автори: Perez Ruiz, Esther
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2013.
Серія:IMF Working Papers; Working Paper ; No. 2013/230
Онлайн доступ:Full text available on IMF