| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17844 |
| 来源ID | Working Paper 17844 |
| Uncertain Fiscal Consolidations | |
| Huixin Bi; Eric M. Leeper; Campbell B. Leith | |
| 发表日期 | 2012-02-16 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | The paper explores the macroeconomic consequences of fiscal consolidations whose timing and composition are uncertain. Drawing on the evidence in Alesina and Ardagna (2010), we emphasize whether or not the fiscal consolidation is driven by tax rises or expenditure cuts. We find that the composition of the fiscal consolidation, its duration, the monetary policy stance, the level of government debt and expectations over the likelihood and composition of fiscal consolidations all matter in determining the extent to which a given consolidation is expansionary and/or successful in stabilizing government debt. |
| 主题 | Macroeconomics ; Business Cycles ; Monetary Policy ; Fiscal Policy |
| URL | https://www.nber.org/papers/w17844 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575520 |
| 推荐引用方式 GB/T 7714 | Huixin Bi,Eric M. Leeper,Campbell B. Leith. Uncertain Fiscal Consolidations. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17844.pdf（304KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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