000 02216nam a22004094a 4500
001 WPIEA2011164
003 IMF
005 20190405174743.0
006 m o d
007 cr cn|||||||||
008 020129s2011 dcu o i00 0 eng d
020 _a1462302203 :
_c18.00 USD
020 _z9781462302208
022 _a1018-5941
024 7 _a10.5089/9781462302208.001
_2doi
035 _a(IMF)WPIEA2011164
040 _aDcWaIMF
_beng
100 1 _aKanda, Daniel.
245 1 0 _aModeling Optimal Fiscal Consolidation Paths in a Selection of European Countries
_h[electronic resource] /
_cDaniel Kanda.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c2011.
300 _a1 online resource (23 p.)
490 1 _aIMF Working Papers; Working Paper ;
_vNo. 11/164
520 3 _aFor a number of countries - Italy, Netherlands, the United Kingdom, Germany, Ireland, and France - this paper develops an inter-temporal model that elicits the implied country-preferences over balancing the conflicting objectives of fiscal consolidation and reduction of economic slack. The model suggests that some front-loading of adjustment is desirable, although the extent would vary by country preferences. It also finds that proposed consolidations may prove to be stronger than acceptable, especially if somewhat larger than anticipated fiscal multipliers lead to a sizeable economic deceleration.
588 _aDescription based on print version record.
650 7 _aFiscal Consolidation
_2imf
650 7 _aFiscal Multiplier
_2imf
650 7 _aFiscal Sustainability
_2imf
650 7 _aPublic Debt
_2imf
651 7 _aGermany
_2imf
651 7 _aIreland
_2imf
651 7 _aItaly
_2imf
651 7 _aNetherlands
_2imf
651 7 _aU.K.
_2imf
776 0 8 _iPrint Version:
_aKanda, Daniel.
_tModeling Optimal Fiscal Consolidation Paths in a Selection of European Countries
_dWashington, D.C. : International Monetary Fund, 2011.
_z9781462302208
830 0 _aIMF Working Papers; Working Paper ;
_vNo. 11/164
856 4 0 _uhttp://elibrary.imf.org/view/IMF001/11998-9781462302208/11998-9781462302208/11998-9781462302208.xml
_zIMF e-Library
856 4 0 _uhttp://www.imfbookstore.org/IMFORG/9781462302208
_zIMF Book Store
999 _c156558
_d156558