01754cas a2200241 a 4500 AALejournalIMF001597 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451849066 1018-5941 BD-DhAAL BD-DhAAL Thomas, Alun. An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries / Alun Thomas. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (26 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Several recent papers have examined the response of national saving to changes in fiscal policy. This paper uses knowledge about the intergenerational fiscal position of a country to determine whether this information helps to explain cross country differences in the nature of the response. Using OECD data the paper finds that in countries in intergenerational fiscal balance, the private sector completely offsets fiscal policy changes whereas in other countries the private sector offset is only partial. Moreover, in countries with large intergenerational fiscal imbalances, strong fiscal consolidation packages reduce the impact of changes in fiscal policy on national saving. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2001/069 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/069/001.2001.issue-069-en.xml IMF e-Library