Extent: | Online-Ressource (39 S.) graph. Darst. |
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Series: | IMF working papers. - Washington, DC : IMF, ZDB-ID 2108494-4. - Vol. 13/170 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature |
Language: | English |
Notes: | Includes bibliographical references Systemvoraussetzungen: Acrobat Reader Cover; Contents; I. Introduction; II. Literature Review; Boxes; 1. Fiscal Plans versus Fiscal Outcomes: Identification and Measurement of Fiscal Policy; III. A Simple Model of Market Pressure and Fiscal Adjustment; A. Government's Problem; B. Implications of Default Risk; IV. Identification of Fiscal Adjustment and Measurement of Market Pressure; A. Identification of Fiscal Adjustments; B. Identification and Measurement of Market Pressure; 2. Measuring Market Pressure; V. Fiscal Adjustments under Pressure: The Big Picture; Figures 1. Market Pressure Indicators and Fiscal Consolidation Episodes, 1980-20112. Multi year Fiscal Consolidation Episodes and Market Pressure; 3. Multi year Fiscal Consolidation Episodes and External Shocks; 4. Median Cumulative Fiscal Adjustment Based on Different Identification Approaches of Multi year Consolidations; VI. Regression Analysis; 5. Fiscal Consolidation Episodes and Fiscal Fundamentals; A. Baseline Results; B. Robustness Checks; VII. Policy Implications; VIII. Conclusion; References; Appendixes; I. Identification of Fiscal Consolidation Episodes; Appendix Tables 1. Planned Multiyear Consolidation Episodes Based on the Narrative Approach, 1980-20112. Large Multiyear Consolidation Episodes Based on the "CAPB" Approach, 1980-2011; II. Regression Analysis; 3. Summary Statistics; 4. Regression Results of a Conditional Logit Panel Regression Model; 5. Different Indicators of Market Pressure; 6. Different Identification of Market Pressure Episodes; 7. Interaction of Market Pressure Indic ators and Debt to GDP; 8. Splitting the Sample; 9. Determinants of a Consolidation Spell; III. Extension of Devries et al. (2011) 10. Extending the Action-Based Dataset on Discretionary Fiscal Consolidations, 2010-11Data Appendix Electronic reproduction; Available via World Wide Web |
ISBN: | 978-1-4843-7405-4 |
Other identifiers: | 10.5089/9781484374054.001 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10010187069