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Modeling Optimal Fiscal Consolidation Paths in a Selection of European Countries.pdf

Modeling Optimal Fiscal Consolidation Paths in a Selection of European Countries true
By:Mr. Daniel Kanda
Published on 2011-07-01 by International Monetary Fund


For a number of countries - Italy, Netherlands, the United Kingdom, Germany, Ireland, and France - this paper develops an inter-temporal model that elicits the implied country-preferences over balancing the conflicting objectives of fiscal consolidation and reduction of economic slack. The model suggests that some front-loading of adjustment is desirable, although the extent would vary by country preferences. It also finds that proposed consolidations may prove to be stronger than acceptable, especially if somewhat larger than anticipated fiscal multipliers lead to a sizeable economic deceleration.

This Book was ranked at 19 by Google Books for keyword Consolidation.

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Book which was published by International Monetary Fund since 2011-07-01 have ISBNs, ISBN 13 Code is 9781462395026 and ISBN 10 Code is 1462395023

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Book which have "23 Pages" is Printed at BOOK under CategoryBusiness and Economics

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