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Fiscal consolidations in the Central and Eastern European countries

2006Journal article Open access
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dc.contributor.authorAfonso, António
dc.contributor.authorNickel, Christiane
dc.contributor.authorRother, PhilippC.
dc.date.accessioned2022-09-29T09:02:07Z
dc.date.available2022-09-29T09:02:07Z
dc.date.issued2006
dc.description.abstractWe study fiscal consolidations in the Central and Eastern European countries and what determines the probability of their success. We define consolidation events as substantive improvements in fiscal balances adjusting for the impact of cyclical effects. We use logit models for the period 1991–2003 to assess the determinants of the success of a fiscal adjustment. The results seem to suggest that for these countries expenditure based consolidations have tended to be more successful. By contrast, revenue-based consolidations have a tendency to be less successful.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAfonso, António; Christiane Nickel and Philipp C. Rother. (2006). "Fiscal consolidations in the Central and Eastern European countries". Review of World Economics, Vol. 142, No. 2: pp. 402-421.pt_PT
dc.identifier.doi10.1007/s10290-006-0073-9pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.5/25621
dc.language.isoengpt_PT
dc.publisherThe Kiel Institutept_PT
dc.subjectFiscal Policypt_PT
dc.subjectFiscal Episodespt_PT
dc.subjectCentral and Eastern Europept_PT
dc.subjectLogit Modelspt_PT
dc.titleFiscal consolidations in the Central and Eastern European countriespt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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