The Design of Fiscal Adjustments

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The design of fiscal adjustments Alberto F. Alesina and Silvia ...

THE DESIGN OF FISCAL ADJUSTMENTS. Alberto F. Alesina. Silvia Ardagna. Working Paper 18423 http://www.nber.org/papers/w18423. NATIONAL BUREAU OF ECONOMIC ...

The Design of Fiscal Adjustments | Tax Policy and the Economy

Abstract. This paper offers three results. First, in line with the previous literature, we confirm that fiscal adjustments based mostly on the spending side are ...

The design of fiscal adjustments - IDEAS/RePEc

Alberto F. Alesina & Silvia Ardagna, 2012. "The design of fiscal adjustments," NBER Working Papers 18423, National Bureau of Economic Research, Inc.

The Design of Fiscal Adjustments - IDEAS/RePEc

Abstract. This paper offers three results. First, in line with the previous literature, we confirm that fiscal adjustments based mostly on the spending side are ...

The Design of Fiscal Adjustments by Alberto F. Alesina, Silvia Ardagna

This paper offers three results. First, in line with the previous literature we confirm that fiscal adjustments based mostly on the spending ...

The Design of Fiscal Adjustments - College Of Southern Nevada

This paper offers three results. First, in line with the previous literature, we confirm that fiscal adjustments based mostly on the spending side are less ...

The Design of Fiscal Adjustments | Request PDF - ResearchGate

... Criteria for the change in the improvement of CAPB Alesina and Ardagna (2013) The cumulative change is at least 2% of the GDP in 2 ...

The Design of Fiscal Adjustments by Alberto F. Alesina, Silvia Ardagna

This paper offers three results. First, in line with the previous literature, we confirm that fiscal adjustments based mostly on the spending ...

FISCAL ADJUSTMENT, FISCAL REFORMS, AND GROWTH

It then reviews the use of structural conditionality to support growth-friendly fiscal reforms. FISCAL MULTIPLIERS IN PROGRAM DESIGN AND OUTCOMES. In practice, ...

The effects of fiscal institutions on fiscal adjustment - ScienceDirect

In this paper, building on Alesina and Ardagna (2010) we define as fiscal adjustment an increase in the cyclically adjusted primary balance (CAPB) by at least ...

Fiscal Adjustments: Determinants and Macroeconomic Consequences

The paper also examines the short and long-run effects of fiscal consolidations on economic activity. The cross-country econometric study of the determinants of ...

The output effect of fiscal consolidation plans - Harvard University

Fiscal adjustments based upon spending cuts are much less costly, in terms of output losses, than tax-based ones and have especially low out- put costs when ...

The composition of fiscal adjustments: some principles

Fiscal adjustment offers an opportunity to improve the quality of public spend- ing as well as the structure of the tax system. Issue 23 | April 2013. ISSN: ...

How much is a lot? The maximum size of fiscal adjustments

Based on a cross-section OLS model, we find that fiscal adjustment was larger the greater the initial deficit, and that a sustained approach to ...

Macroeconomic effects of fiscal adjustment: A tale of two approaches

We investigate the short-term effects of fiscal adjustment on economic activity in 20 OECD countries from 1970 to 2009.

Past Fiscal Adjustments: Lessons from Failures and Successes

This paper analyzes large fiscal adjustment plans, defined on the basis of the envisaged reduction in the public debt or deficit, and it compares ex ante plans ...

The Design of Fiscal Adjustments - Harvard DASH

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Fiscal adjustments, income inequality and economic growth

To assess jointly fiscal adjustment impacts on growth and inequality and to take into account the interdependence between these variables, the ...

Fiscal Consolidations and Electoral Outcomes in Emerging Economies

To explain this result, we focus on the composition and timing of fiscal adjustments episodes. Such episodes rely fundamentally on increasing tax rates and ...