Debt Reduction, Fiscal Adjustment, and Growth in Credit-Constrained Economies /

This paper assesses the effects of fiscal consolidations associated with public debt reduction on medium-term output growth during periods of private debt deleveraging. The analysis covers 107 countries and 79 episodes of public debt reduction driven by discretionary fiscal adjustments during 1980-2...

詳細記述

書誌詳細
第一著者: Baldacci, Emanuele
その他の著者: Gupta, Sanjeev, Mulas-Granados, Carlos
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2013.
シリーズ:IMF Working Papers; Working Paper ; No. 2013/238
オンライン・アクセス:Full text available on IMF

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