What determines the duration of a fiscal consolidation program?

This paper assesses the determinants of the length of fiscal consolidation using annual data for 17 industrial countries over the period 1978–2009. Relying on a narrative approach to identify fiscal consolidation episodes, we show that fiscal variables (such as the budget deficit and the level of pu...

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Bibliographic Details
Main Author: Agnello, Luca (author)
Other Authors: Castro, Vítor (author), Sousa, Ricardo M. (author)
Format: article
Language:eng
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/1822/24817
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/24817