Series: IMF Working Papers
Author(s): Alexander Plekhanov , Manmohan Kumar , and Daniel Leigh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2007
Keywords: non-Ricardian model, expenditure, fiscal consolidations,
The paper analyzes the determinants of success of recent fiscal consolidations in the OECD countries as well as the short-run and long-run effects of fiscal adjustments on economic activity by looking at fourteen c...