This paper is about fiscal consolidation measures (i.e. tax hikes and government spending cuts motivated by a desire to … fiscal consolidation by distinguishing three periods: the run-up to the EA, when governments faced the Maastricht criteria … fiscal consolidation shows that while fiscal adjustments are contractionary, the negative growth effects were particularly …

inequality. For the 13 LAC countries with fiscal consolidation episodes identified by the narrative approach, one percent of GDP … fiscal consolidation increases the disposable Gini coefficient by 0.12 percentage point on average in five years. The size of …