Governments and Promised Fiscal Consolidations : Do They Mean What They Say? /

This paper analyses the causes and consequences of fiscal consolidation promise gaps, defined as the distance between planned fiscal adjustments and actual consolidations. Using 74 consolidation episodes derived from the narrative approach in 17 advanced economies during 1978 - 2015, the paper shows...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Gupta, Sanjeev
Weitere Verfasser: Jalles, Joao Tovar, Mulas-Granados, Carlos, Schena, Michela
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/039
Schlagworte:
Online Zugang:Full text available on IMF