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...
Main Author: | |
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Other Authors: | , |
Format: | article |
Language: | eng |
Published: |
2013
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Subjects: | |
Online Access: | http://hdl.handle.net/1822/24817 |
Country: | Portugal |
Oai: | oai:repositorium.sdum.uminho.pt:1822/24817 |