A New Action Based Dataset of Fiscal Consolidation

This book PDF is perfect for those who love Business & Economics genre, written by Mr.Daniel Leigh and published by International Monetary Fund which was released on 01 June 2011 with total hardcover pages 92. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related A New Action Based Dataset of Fiscal Consolidation books below.

A New Action Based Dataset of Fiscal Consolidation
Author : Mr.Daniel Leigh
File Size : 52,9 Mb
Publisher : International Monetary Fund
Language : English
Release Date : 01 June 2011
ISBN : 9781455264407
Pages : 92 pages
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A New Action Based Dataset of Fiscal Consolidation by Mr.Daniel Leigh Book PDF Summary

This paper presents a new dataset of fiscal consolidation for 17 OECD economies during 1978-2009. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify the motivation and budgetary impact of the fiscal policy changes, we examine contemporaneous policy documents, including Budgets, Budget Speeches, central bank reports, Convergence and Stability Programs submitted by the authorities to the European Commission, and IMF and OECD reports. The resulting series can be used to estimate the macroeconomic effects of fiscal consolidation.

A New Action Based Dataset of Fiscal Consolidation

This paper presents a new dataset of fiscal consolidation for 17 OECD economies during 1978-2009. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify the motivation and budgetary impact

Get Book
A New Action based Dataset of Fiscal Consolidation in Latin America and the Caribbean

This paper presents a new database of fiscal consolidations for 14 Latin American and Caribbean economies during 1989-2016. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and long-term fiscal health and not by a response to prospective economic conditions.

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The Macroeconomic Effects of Fiscal Consolidation in Emerging Economies  Evidence from Latin America

We estimate the short-term effects of fiscal consolidation on economic activity in 14 countries in Latin America and the Caribbean. We examine contemporaneous policy documents to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Based on this

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Expansionary Austerity New International Evidence

This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this

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Macroeconomic Effects of Tax Rate and Base Changes

This paper examines the macroeconomic effects of tax changes during fiscal consolidations. We build a new narrative dataset of tax changes during fiscal consolidation years, containing detailed information on the expected yield, motivation, and announcement and implementation dates of more than 2,000 tax measures across 10 OECD countries. Using this data, we

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The Macroeconomic Effects of Fiscal Consolidation in Emerging Economies  Evidence from Latin America

We estimate the short-term effects of fiscal consolidation on economic activity in 14 countries in Latin America and the Caribbean. We examine contemporaneous policy documents to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Based on this

Get Book
Macroeconomic Effects of Tax Rate and Base Changes  Evidence from Fiscal Consolidations

This paper examines the macroeconomic effects of tax changes during fiscal consolidations. We build a new narrative dataset of tax changes during fiscal consolidation years, containing detailed information on the expected revenue impact, motivation, and announcement and implementation dates of nearly 2,500 tax measures across 10 OECD countries. We analyze the macroeconomic

Get Book
Macroeconomic Effects of Tax Rate and Base Changes  Evidence from Fiscal Consolidations

This paper examines the macroeconomic effects of tax changes during fiscal consolidations. We build a new narrative dataset of tax changes during fiscal consolidation years, containing detailed information on the expected revenue impact, motivation, and announcement and implementation dates of nearly 2,500 tax measures across 10 OECD countries. We analyze the macroeconomic

Get Book