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Effects of Fiscal Consolidation in the Czech Republic.pdf

Effects of Fiscal Consolidation in the Czech Republic true
By:Stephen Snudden,Mr. Vladimir Klyuev
Published on 2011-03-01 by International Monetary Fund


This paper uses the IMF’s Global Integrated Monetary and Fiscal Model (GIMF) to assess the impact of fiscal consolidation on the Czech economy. Its contribution is threefold. First, it provides estimates of dynamic fiscal multipliers for a variety of fiscal instruments (tax and expenditure), consolidation durations, assumptions about credibility, and monetary policy responses. Second, the paper evaluates the impact on the economy of tightening measures envisaged in the 2011 budget. Third, the paper considers alternative packages for consolidation beyond 2011 to achieve the government’s balanced budget target by 2016 and identifies which forms of adjustment are more |growth-friendly|.

This Book was ranked at 3 by Google Books for keyword Consolidation.

Book ID of Effects of Fiscal Consolidation in the Czech Republic's Books is UDVCyT8W1m8C, Book which was written byStephen Snudden,Mr. Vladimir Klyuevhave ETAG "OlUznbHFDcM"

Book which was published by International Monetary Fund since 2011-03-01 have ISBNs, ISBN 13 Code is 9781455225095 and ISBN 10 Code is 1455225096

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Book which have "65 Pages" is Printed at BOOK under CategoryBusiness and Economics

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