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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Baldacci, Emanuele
Rannpháirtithe: Gupta, Sanjeev, Mulas-Granados, Carlos
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/238
Rochtain ar líne:Full text available on IMF