Guichard, Stéphanie; Kennedy, Mike; Wurzel, Eckhard; … - Economics Department, Organisation de Coopération et … - 2007
Fiscal consolidation is required in most OECD countries. This is especially so in view of mediumand long-term spending pressures on public finances, related, inter alia, to ageing. Based on a dataset covering a large number of OECD fiscal consolidation episodes starting in the late 1970s, the...
