Narrow search
Showing 1 - 10 of 45
Cover Image
Budget Consolidation : Short-Term Pain and Long-Term Gain
Kumhof, Michael - 2010
The paper evaluates the costs and benefits of fiscal consolidation using simulations based on the IMFs global DSGE model GIMF. Over the longer run, well-targeted permanent reductions in budget deficits lead to a considerable increase in both the growth rate and the level of output. The gains may...
Persistent link: https://www.econbiz.de/10013141046
Cover Image
Budget consolidation : short-term pain and long-term gain
Clinton, Kevin; Kumhof, Michael; Laxton, Douglas; … - 2010
Persistent link: https://www.econbiz.de/10008667071
Cover Image
Deficit reduction: short-term pain for long-term gain
Clinton, Kevin; Kumhof, Michael; Laxton, Douglas; … - In: European economic review : EER 55 (2011) 1, pp. 118-139
Persistent link: https://www.econbiz.de/10009129829
Cover Image
Policies to rebalance the global economy after the financial crisis
Freedman, Charles; Kumhof, Michael; Laxton, Douglas; … - In: International journal of central banking : IJCB 6 (2010) 1, pp. 215-252
Persistent link: https://www.econbiz.de/10003947815
Cover Image
Discussion of "Policies to rebalance the global economy after the financial crisis"
Wouters, Rafael - In: International journal of central banking : IJCB 6 (2010) 1, pp. 253-258
Persistent link: https://www.econbiz.de/10003947818
Cover Image
Simple fiscal policy rules for small open economies
Kumhof, Michael; Laxton, Douglas - In: Journal of international economics 91 (2013) 1, pp. 113-127
Persistent link: https://www.econbiz.de/10009793113
Cover Image
Government deficits, debt, and the business cycle
Bayoumi, Tamim A. - In: Deficit reduction : what pain, what gain?, (pp. 163-191). 1994
Persistent link: https://www.econbiz.de/10001321700
Cover Image
Fiscal adjustment, growth, and global imbalances
Kortelainen, Mika; Laxton, Douglas; Selody, Jack G. - In: Post-crisis fiscal policy, (pp. 535-549). 2014
Persistent link: https://www.econbiz.de/10010404648
Cover Image
Budget Consolidation : Short-Term Pain and Long-Term Gain
Laxton, Douglas - 2010
The paper evaluates the costs and benefits of fiscal consolidation using simulations based on the IMFs global DSGE model GIMF. Over the longer run, well-targeted permanent reductions in budget deficits lead to a considerable increase in both the growth rate and the level of output. The gains may...
Persistent link: https://www.econbiz.de/10014402920
Cover Image
Budget Consolidation; Short-Term Pain and Long-Term Gain
Laxton, Douglas; Mursula, Susanna; Clinton, Kevin; … - International Monetary Fund (IMF) - 2010
The paper evaluates the costs and benefits of fiscal consolidation using simulations based on the IMFs global DSGE model GIMF. Over the longer run, well-targeted permanent reductions in budget deficits lead to a considerable increase in both the growth rate and the level of output. The gains may...
Persistent link: https://www.econbiz.de/10008560421