Expansionary Austerity New International Evidence

Expansionary Austerity New International Evidence
Author :
Publisher : International Monetary Fund
Total Pages : 41
Release :
ISBN-10 : 9781455294695
ISBN-13 : 1455294691
Rating : 4/5 (691 Downloads)

Book Synopsis Expansionary Austerity New International Evidence by : Mr.Daniel Leigh

Download or read book Expansionary Austerity New International Evidence written by Mr.Daniel Leigh and published by International Monetary Fund. This book was released on 2011-07-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.


Expansionary Austerity New International Evidence Related Books

Expansionary Austerity New International Evidence
Language: en
Pages: 41
Authors: Mr.Daniel Leigh
Categories: Business & Economics
Type: BOOK - Published: 2011-07-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budge
Federal Expenditure Policy for Economic Growth and Stability
Language: en
Pages: 1248
Authors: United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy
Categories: Budget
Type: BOOK - Published: 1957 - Publisher:

DOWNLOAD EBOOK

Federal Expenditure Policy for Economic Growth and Stability
Language: en
Pages: 1240
Authors: United States. Congress. Joint Economic Committee
Categories: Government spending policy
Type: BOOK - Published: 1957 - Publisher:

DOWNLOAD EBOOK

Federal Expenditure Policy for Economic Growth and Stability
Language: en
Pages: 1622
Authors: United States. Congress Economic Joint Committee
Categories:
Type: BOOK - Published: 1957 - Publisher:

DOWNLOAD EBOOK

Fiscal Policy and Long-Term Growth
Language: en
Pages: 257
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2015-04-20 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a