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

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