Series: IMF Working Papers
Author(s): Stephen Snudden , and Vladimir Klyuev
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2011
Keywords: fiscal multipliers, general equilibrium models., fiscal rule, aggregate demand, labor income, consumption tax, National Budget, Deficit, and Debt: General,
This paper uses the IMF's Global Integrated Monetary and Fiscal Model (GIMF) to assess the impact of fiscal consolidation on the Czech economy. Its contribution is threefold. First, it provides estimates of dynamic...