Gupta, Sanjeev; Clements, Benedict; Baldacci, Emanuele; … - In: Applied Economics Letters 11 (2004) 4, pp. 209-212
This study assesses effects of expenditure composition and other variables on the duration of fiscal adjustment episodes in a sample of 29 developing countries. Using survival analysis, the study finds that expenditure composition, size of the fiscal consolidation, and past performance on fiscal...