Fiscal policy and fiscal fragility : empirical evidence from the OECD / Makram El-Shagi, Gregor von Schweinitz

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cbs.date.changed2021-02-25
cbs.date.creation2019-06-11
cbs.picatypeOa
cbs.publication.displayformHalle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, 11. Juni 2019
dc.contributor.authorEl-Shagi, Makram
dc.contributor.authorSchweinitz, Gregor
dc.date.accessioned2025-05-29T21:25:38Z
dc.date.issued2019
dc.description.abstractIn this paper, we use local projections to investigate the impact of consolidation shocks on GDP growth, conditional on the fragility of government finances. Based on a database of fiscal plans in OECD countries, we show that spending shocks are less detrimental than tax-based consolidation. In times of fiscal fragility, our results indicate strongly that governments should consolidate through surprise policy changes rather than announcements of consolidation at a later horizon.de
dc.format.extent1 Online-Ressource (III, 26 Seiten, 0,71 MB) : Diagramme
dc.genrebook
dc.identifier.otherkxp: 1667222317
dc.identifier.ppn1667222317
dc.identifier.urihttps://epflicht.bibliothek.uni-halle.de/handle/123456789/7616
dc.identifier.urnurn:nbn:de:gbv:3:2-107570
dc.identifier.vl-id2971717
dc.language.isoeng
dc.publisherHalle Institute for Economic Research (IWH) - Member of the Leibniz Association
dc.relation.ispartofseriesIWH-Diskussionspapiere ; 2019, no. 13 (June 2019) ppn:837399270
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subject.ddc330
dc.titleFiscal policy and fiscal fragility : empirical evidence from the OECD / Makram El-Shagi, Gregor von Schweinitz
dc.typeBook
dspace.entity.typeMonograph
local.accessrights.itemAnonymous
local.openaccesstrue

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