Hidden Bibliographic Details
| Other authors / contributors: | Razin, Assaf, author.
Symansky, Steven A., author.
International Monetary Fund. Research Department, issuing body.
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| ISBN: | 1455286680
9781455286683
1462360149
9781462360147
1455270652
9781455270651
9786613774613
6613774618
9781451845303
1451845308
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| ISSN: | 2227-8885
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| Notes: | Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Annotation This paper studies the fiscal restructuring of the first half of the 1990s in the major industrial countries. It presents and calibrates a simple model of the labor market and integrates it into a multi-country macroeconomic model that takes into account the effects of distortionary taxes. It then uses the resulting framework to simulate the effects of recent and prospective changes in fiscal policies in the group of seven major industrial countries. the analysis suggests that in the long run the impact on output is likely to be positive in those countries that relied relatively more on expenditure cuts or indirect tax increases (such as Canada, France, Japan, and the United Kingdom), while the effect of the fiscal restructuring on output is estimated to be negative in those countries that relied primarily on labor and capital taxes (Germany, Italy, and the United States).
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| Other form: | Print version: Bartolini, Leonardo. Fiscal restructuring in the Group of Seven Major Industrial Countries in the 1990s. [Washington, D.C.] : International Monetary Fund, ©1995
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| Standard no.: | 10.5089/9781455286683.001
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