Sources:
    Edit
    Topics:
      Edit
      Types:
        Edit
        of  31
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework
        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework

        Embed document

        Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework

        ABSTRACT

        This paper provides a general framework to assess the output and debt dynamics of an economy undertaking multi-year fiscal adjustment. The framework allows country-specific assumptions about the magnitude and persistence of fiscal multipliers, hysteresis effects, and endogenous financing costs. In addition to informing macro projections, the framework can also shed light on the appropriate phasing of fiscal consolidation—in particular, on whether it should be front- or back-loaded. The framework is applied to stylized advanced and emerging economy examples. It suggests that for a highly-indebted economy undertaking large multi-year fiscal consolidation, high multipliers do not always argue against fro ....read more

        Edit
        Report copyright violation

        COMMENTS

        DOCUMENT INFO

        • TypeReport
        • PriceFree
        • FormatPDF
        • Size2.35 MB
        • LanguageEnglish
        • Stacks0
        • Postedabout 4 years ago
        • Authored-
        • Added byHashdoc Content Review
        Search in: