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Measuring the success of fiscal consolidations
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Autores
Orientador(es)
Resumo(s)
We measure the success of fiscal consolidation, with alternative definitions,
based on ad-hoc quantitative approaches and on a policy-action approach.
The cyclically adjusted primary balance, and the duration of the
consolidation contribute for its success, and the opposite applies for
revenue-based consolidations.
Descrição
Palavras-chave
Fiscal Episodes Panel Data Logit Expenditure Revenue
Contexto Educativo
Citação
Afonso, António and João Tovar Jalles. (2012). "Measuring the success of fiscal consolidations". Applied Financial Economics, Vol. 22, No. 13: pp. 1053-1061.
Editora
Taylor & Francis Group