Author(s):
Afonso, António 
; Jalles, João Tovar
Date: 2011
Persistent ID: http://hdl.handle.net/10400.5/3782
Origin: Repositório da UTL
Subject(s): Fiscal episodes; Panel data; Logit
Document details
Measuring the success of fiscal consolidations
Description
We measure the success of fiscal consolidation, with alternative definitions, based on ad-hoc quantitative approaches and on a policy-action approach. The cyclically adjusted primary balance, and the duration of the consolidation contribute for its success, and the opposite applies for revenue based consolidations.
We measure the success of fiscal consolidation, with alternative definitions, based on ad-hoc quantitative approaches and on a policy-action approach. The cyclically adjusted primary balance, and the duration of the consolidation contribute for its success, and the opposite applies for revenue based consolidations.
Document Type
Other
Language English
Language English
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