Planned Fiscal Consolidations and Growth Forecast Errors -- New Panel Evidence on Fiscal Multipliers

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منابع مشابه

Growth Forecast Errors and Fiscal Multipliers; by Olivier Blanchard and Daniel Leigh; IMF Working Paper 13/01; January 1, 2013

This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper investigates the relation between growth forecast ...

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Unlike the federal government, most state governments in the U.S. formally operate under statutory or constitutional constraints which limit their ability to run budget deficits and resort to debt financing. A priori, one would expect to find evidence in favor of an intertemporally balanced budget, or fiscal sustainability, among states, especially those that are characterized by a high degree ...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2015

ISSN: 1556-5068

DOI: 10.2139/ssrn.2706425