| Description |
1 online resource (91 pages) |
| Series |
IMF working paper ; WP/11/128 |
|
IMF working paper ; WP/11/128.
|
| Summary |
This paper presents a new dataset of fiscal consolidation for 17 OECD economies during 1978-2009. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify the motivation and budgetary impact of the fiscal policy changes, we examine contemporaneous policy documents, including Budgets, Budget Speeches, central bank reports, Convergence and Stability Programs submitted by the authorities to the European Commission, and IMF and OECD reports. The resulting series can be used to estimate the macroeconomic effects of fiscal consolidation |
| Notes |
At head of title: Research Department |
|
Title from PDF title page (IMF Web site, viewed November 29, 2011) |
|
"June 2011." |
| Bibliography |
Includes bibliographical references |
| Subject |
Fiscal policy -- OECD countries
|
|
Budget deficits -- OECD countries
|
|
Business cycles -- OECD countries
|
|
Budget deficits
|
|
Business cycles
|
|
Fiscal policy
|
|
OECD countries
|
| Form |
Electronic book
|
| Author |
Devries, Pete, author
|
|
International Monetary Fund. Research Department, issuing body.
|
| ISBN |
1283552302 |
|
9781283552301 |
|
9781462346561 |
|
1462346561 |
|
