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The modality of fiscal consolidation and current account adjustment : presented at CESifo, Delphi Conference on Current Account Adjustments, May 2015
Adam, Antonis; Moutos, Thomas - 2015
In this paper we argue that supply-side adjustments (i.e. the reallocation of productive resources between the traded and non-traded sectors) can be an important determinant of the output costs of current account adjustment. The argument relies on the fact that tax evasion is more prevalent in...
Persistent link: https://www.econbiz.de/10011300383
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Are expenditure cuts the only effective way to achieve successful fiscal adjustment?
Wiese, Rasmus; Jong-A-Pin, Richard; Haan, Jakob de - 2015
Persistent link: https://www.econbiz.de/10011301287
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The macroeconomic effects of the Euro Area's fiscal consolidation 2011 - 2013 : a simulation-based approach
Rannenberg, Ansgar; Schoder, Christian; Strasky, Jan - 2015
Wir simulieren die Haushaltskonsolidierung im Euroraum im Zeitraum 2011 bis 2013 mit Hilfe von zwei DSGE Modellen der … Haushalte krisenbedingt erhöht wird. Im letzteren Szenario trägt die Haushaltskonsolidierung die maßgebliche Verantwortung für … die Verschlechterung der Produktionslücke im Zeitraum 2011 bis 2013. Wäre die Haushaltskonsolidierung erst in einer Phase …
Persistent link: https://www.econbiz.de/10011311671
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The macroeconomic effects of the euro area's fiscal consolidation 2011 - 2013 : a simulation-based approach
Rannenberg, Ansgar; Schoder, Christian; Strasky, Jan - 2015
Persistent link: https://www.econbiz.de/10011317242
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Cross-border effects of fiscal consolidations : estimates based on narrative records
Hebous, Shafik; Zimmermann, Tom - 2013
We estimate cross-border spillover effects of fiscal consolidation episodes on output, bilateral trade flows, interest rate, and the exchange rate, employing the new IMF action-based fiscal consolidation data. Results indicate a negative effect of foreign fiscal consolidation policies on...
Persistent link: https://www.econbiz.de/10009764989
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Fiscal politics in time : pathways to fiscal consolidation, 1980 - 2012
Avellaneda, Sebastian Dellepiane; Hardiman, Niamh - 2012
Persistent link: https://www.econbiz.de/10009755837
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Fiscal consolidation in reformed and unreformed labour markets : a look at EU countries
Turrini, Alessandro - 2012
Persistent link: https://www.econbiz.de/10009657395
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The distributional effects of fiscal consolidation in nine EU countries
Avram, Silvia; Figari, Francesco; Leventi, Chrysa; … - 2013
We compare the distributional effects of policy changes presented as fiscal consolidation measures in nine EU countries that experienced large budget deficits following the financial crisis of the late 2000s and subsequent economic downturn, using the EU microsimulation model EUROMOD. The nine...
Persistent link: https://www.econbiz.de/10009704281
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National fiscal consolidation and the challenge to Australian federalism
Warren, Neil A. - In: The economic and labour relations review : ELRR 24 (2013) 2, pp. 161-180
Persistent link: https://www.econbiz.de/10009758569
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Between fiscal discipline and economic recovery : the solutions problem
Gherman, Anca Maria; S̜tefan, George - In: Theoretical and applied economics : GAER review 20 (2013) 11, pp. 127-146
Persistent link: https://www.econbiz.de/10010224746