The distributional effects of fiscal consolidation /

The distributional effects of fiscal consolidation /

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Bibliographic Details
Author / Creator:	Ball, Laurence M., author.
Imprint:	[Washington, D.C.] : International Monetary Fund, 2013.
Description:	1 online resource
Language:	English
Series:	IMF working paper ; WP/13/151 IMF working paper ; WP/13/151.
Subject:	Fiscal policy. Economic stabilization. Economic stabilization. Fiscal policy.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12502019

Hidden Bibliographic Details
ISBN:	1299746543 9781299746541 9781475567205 1475567200 9781475551945 1475551940 9781589069237 1589069234
Notes:	Includes bibliographical references. Print version record.
Summary:	This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978-2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The evidence also suggests that spending-based adjustments have had, on average, larger distributional effects than tax-based adjustments.
Other form:	Print version: 9781299746541

Description
Summary:	This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978-2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The evidence also suggests that spending-based adjustments have had, on average, larger distributional effects than tax-based adjustments.
Physical Description:	1 online resource
Bibliography:	Includes bibliographical references.
ISBN:	1299746543 9781299746541 9781475567205 1475567200 9781475551945 1475551940 9781589069237 1589069234