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...
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| Kolejni autorzy: | , |
| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2013.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2013/238 |
| Dostęp online: | Full text available on IMF |