Series: IMF Working Papers
Author(s): Derek Anderson , Benjamin Hunt , and Stephen Snudden
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 October 2013
Keywords: Fiscal consolidation, Euro Area, Fiscal policy, Fiscal reforms, Labor market reforms, Monetary policy, General equlibrium models, Structural reforms., real wages, public debt
The IMF's Global Integrated Monetary and Fiscal model (GIMF) is used to examine the scope for structural reforms in the euro area to offset the negative impact of fiscal consolidation required to put public debt ba...