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Appendix I Data and Definitions

Appendix I Data and Definitions »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

An adjustment episode is defined as any year or succession of years of uninterrupted improvement in the fiscal primary balance, and focuses on the consolidated central government (o...

Appendix II Large Fiscal Adjustment Episodes

Appendix II Large Fiscal Adjustment Episodes »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

Table A2.1. Large Fiscal Adjustment Episodes 1...

Appendix III Case Studies of Large Fiscal Adjustment

Appendix III Case Studies of Large Fiscal Adjustment »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

Thirteen case studies were prepared to supplement the empirical analysis. 19 The case studies offer further evidence about success and adjustment d...

Appendix IV Econometric Methodology

Appendix IV Econometric Methodology »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

The duration of fiscal consolidation can be expressed by a hazard function. A hazard function measures the probability that a fiscal consolidation will end in time period t, provide...

Appendix V Macroeconomic Impact of Fiscal Adjustment

Appendix V Macroeconomic Impact of Fiscal Adjustment »

Source: Experience with Large Fiscal Adjustments

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

Figure A5.1. Event Studies: Key Macroeconomic Indicators (Annual percentage change, unless indicated otherwise)...

Bank Group Activity

Bank Group Activity »

Source: Finance & Development, March 1974

Volume/Issue: 11/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1974

ISBN: 9781616353155

Keywords: expenditure, fiscal system, expenditures, fiscal policy, expenditure policy

This paper highlights that the distribution of income and wealth in developing countries has become a matter of great concern to all those interested in development. The paper highlights that in Latin America, the...

Book Notices

Book Notices »

Source: Finance & Development, March 1974

Volume/Issue: 11/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1974

ISBN: 9781616353155

Keywords: expenditure, fiscal system, expenditures, fiscal policy, expenditure policy

This paper highlights that the distribution of income and wealth in developing countries has become a matter of great concern to all those interested in development. The paper highlights that in Latin America, the...

Books

Books »

Source: Finance & Development, September 1998

Volume/Issue: 35/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1998

ISBN: 9781451952278

Keywords: income distribution, unskilled workers, fiscal affairs department, taxation, public expenditures

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly...

Can a Government Enhance Long-Run Growth by Changing the Composition of Public Expenditure?

Can a Government Enhance Long-Run Growth by Changing the Composition of Public Expenditure? »

Source: Can a Government Enhance Long-Run Growth by Changing the Composition of Public Expenditure?

Volume/Issue: 2013/162

Series: IMF Working Papers

Author(s): Santiago Acosta Ormaechea , and Atsuyoshi Morozumi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 2013

ISBN: 9781475550597

Keywords: panel-data analysis, expenditure, total expenditure, public expenditure, expenditures, General, Comparative Studies of Countries,

This paper studies the effects of public expenditure reallocations on long-run growth. To do this, we assemble a new dataset based on the IMF’s GFS yearbook for the period 1970-2010 and 56 countries (14 low-...