A new action-based dataset of fiscal consolidation /
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Author / Creator: | Pescatori, Andrea. |
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Imprint: | [Washington, District of Columbia] : International Monetary Fund, 2011. ©2011. |
Description: | 1 online resource (183 p.). |
Language: | English |
Series: | IMF Working Paper ; WP/11/128 IMF Working Papers. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12509410 |
Summary: | This paper presents a new dataset of fiscal consolidation for 17 OECD economies during 1978-2009. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify the motivation and budgetary impact of the fiscal policy changes, we examine contemporaneous policy documents, including Budgets, Budget Speeches, central bank reports, Convergence and Stability Programs submitted by the authorities to the European Commission, and IMF and OECD reports. The resulting series can be used to estimate the macroeconomic effects of fiscal consolidation. |
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Item Description: | Description based upon print version of record. |
Physical Description: | 1 online resource (183 p.). |
Bibliography: | Includes bibliographical references. |
ISBN: | 1462340504 9781462340507 1462346561 9781462346561 1283552302 9781283552301 9786613864758 6613864757 1462307213 9781462307210 |