Series: IMF Working Papers
Author(s): Laurence Ball , Davide Furceri , Daniel Leigh , and Prakash Loungani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 June 2013
Keywords: distributional effects, fiscal consolidation episodes, fiscal consolidations, fiscal adjustments, public debt, Equity, Justice, Inequality, and Other Normative Criteria and Measurement,
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 h...