Measuring the Success of Fiscal Consolidations

We measure the success of fiscal consolidation, with alternative definitions, based on ad-hoc quantitative approaches and on a policy-action approach. The cyclically adjusted primary balance, and the duration of the consolidation contribute for its success, and the opposite applies for revenue based consolidations.

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Year of publication:	2011-10
Authors:	Afonso, António ; Tovar-Valles, João
Institutions:	ISEG - School of Economics and Management, Department of Economics, University of Lisbon
Subject:	fiscal episodes \| panel data \| logit Classification-C23

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Extent:	application/pdf
Series:	Working Papers Department of Economics.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2011/22
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009404501