An Empirical Analysis of Fiscal Adjustments /

This study uses the fiscal expansion and consolidation experiences of the industrial countries over the period 1970 to 1995 to examine the interplay between fiscal adjustments and economic performance. A key finding is that fiscal consolidation need not trigger an economic slowdown. Fiscal consolida...

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Bibliographic Details
Main Author:	Westcott, Robert F
Corporate Author:	International Monetary Fund
Other Authors:	McDermott, C. John
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 1996 Washington, D.C. : 1996
Series:	IMF Working Papers ; Working Paper No. 96/59 IMF eLibrary IMF working paper (Online) ; no. 96/59
Subjects:	Aggregate demand Budget balance Budget deficit Budget deficits Expenditure control Expenditure cuts Expenditure data Expenditure increases Expenditure Expenditures Fiscal action Fiscal actions Fiscal adjustment effort Fiscal adjustment Fiscal adjustments Fiscal austerity Fiscal balance Fiscal changes Fiscal consolidation effort Fiscal consolidation efforts Fiscal consolidation episodes Fiscal consolidation Fiscal consolidations Fiscal contraction Fiscal contractions Fiscal episode Fiscal expansion Fiscal expansions Fiscal imbalance Fiscal imbalances Fiscal improvement Fiscal impulse Fiscal policies Fiscal policy actions Fiscal policy Fiscal position Fiscal problem Fiscal restructuring Fiscal stance Fiscal stimulus Fiscal tightening Government budget balance Government budget deficits Government budget Government expenditures Government fiscal policies Government solvency Government spending Increase in expenditures Increase in tax revenues Public debt Spending cuts Structural expenditure Structural fiscal Tax base Tax burden Tax changes Tax cuts Tax increase Tax increases Tax revenue Tax revenues Taxation Australia Denmark Grenada Ireland New Zealand Sweden United Kingdom

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An Empirical Analysis of Fiscal Adjustments /

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