How Delaying Fiscal Consolidation Affects the Present Value of GDP /
We develop a simple model to examine the conditions under which delaying fiscal consolidation can affect the present value of GDP via the fiscal stance's effects on the output gap and hysteresis. We find that the absolute size of the fiscal multiplier-the focus of much empirical investigation a...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2015.
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| মালা: | IMF Working Papers; Working Paper ;
No. 2015/052 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |