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This paper evaluates policy alternatives to achieve permanent fiscal consolidation in Hungary, based on a general equilibrium calibration. The main finding is that the composition of the consolidation, as determined by the mix of revenue and expenditure measures, has important implications for...
Persistent link: https://www.econbiz.de/10012667493
Persistent link: https://www.econbiz.de/10003934684
Persistent link: https://www.econbiz.de/10009727088
This paper evaluates policy alternatives to achieve permanent fiscal consolidation in Hungary, based on a general equilibrium calibration. The main finding is that the composition of the consolidation, as determined by the mix of revenue and expenditure measures, has important implications for...
Persistent link: https://www.econbiz.de/10013073774