What drives a successful fiscal consolidation?/ created by Pablo Hernández de Cos and Enrique Moral-Benito

By:

Cos, Pablo Hernández de [author]

Contributor(s):

Moral-Benito, Enrique [co author]

Material type: Text

TextSeries: Applied economics letters ; Volume 20, number 8New York: Taylor and Francis, 2013Content type:

text

Media type:

unmediated

Carrier type:

volume

ISSN:

13504851

Subject(s):

Fiscal policy -- Fiscal consolidation -- Budget deficit

LOC classification:

HB1.A666 APP

Online resources:

Click here to access online

Abstract: Fiscal consolidations are currently in the agenda of fiscal authorities in many countries. Using Bayesian Model Averaging to overcome the problem of model uncertainty, we find that growth-enhancing policies and cuts in public wages are the most appropriate ingredients for successfully reducing debt levels and budget deficits.

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Holdings
Item type	Current library	Call number	Vol info	Copy number	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HB1.A666 APP (Browse shelf(Opens below))	Vol. 20, no.7 (pages 748-753)	SP17975	Not for loan	For In House Use Only

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Fiscal consolidations are currently in the agenda of fiscal authorities in many countries. Using Bayesian Model Averaging to overcome the problem of model uncertainty, we find that growth-enhancing policies and cuts in public wages are the most appropriate ingredients for successfully reducing debt levels and budget deficits.

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