Fundamental determinants of the effects of fiscal policy /

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Bibliographic Details
Author / Creator:Botman, Dennis (Dennis Petrus Johannes), author.
Imprint:[Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., 2006.
Description:1 online resource (46 pages) : illustrations
Language:English
Series:IMF working paper ; WP/06/72
IMF working paper ; WP/06/72.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498580
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Other authors / contributors:Kumar, Manmohan S., author.
International Monetary Fund. Fiscal Affairs Department.
ISBN:1283515423
9781283515429
9781451908688
1451908687
Digital file characteristics:data file
Notes:Includes bibliographical references.
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Electronic reproduction. [Place of publication not identified] : 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
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Print version record.
Summary:We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to financial markets, and the elasticity of labor supply, as well as the characteristics of utility and production functions, and the degree of competition are all critical for determining the impact of fiscal policy. Four topical fiscal policy issues, for a representative large and small economy, are examined: the effects of changes in government debt; higher government spending; tax reform; and privatization of retirement savings.
Other form:Print version: Botman, Dennis (Dennis Petrus Johannes). Fundamental determinants of the effects of fiscal policy. [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., 2006