Series: IMF Working Papers
Author(s): Catriona Purfield
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2003
Keywords: logit regression, expenditure, fiscal imbalances, fiscal adjustments, fiscal adjustment in transition, Studies of Particular Policy Episodes, National Deficit Surplus,
In the 1990s, transition countries underwent large adjustments to address fiscal imbalances. This paper examines whether the factors identified in the literature on advanced economies, the size and composition of a...