The impact of fiscal consolidations on growth in sub-Saharan Africa
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DOI: 10.1007/s00181-020-01863-x
Abstract: This paper examines the output effects of changes in public expenditure and revenue in sub-Saharan African countries during 1990–2016. Fiscal multipliers in sub-Saharan Africa are somewhat smaller than those estimated in the literature for advanced… read more here.
Keywords: sub saharan; output; fiscal consolidations; growth ... See more keywords
Equitable fiscal consolidations
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DOI: 10.1016/j.econmod.2016.11.022
Abstract: Empirical research has uncovered an equity-efficiency trade-off in alternative fiscal consolidation strategies. Spending-based adjustments are associated with more limited output losses but greater inequality than tax-based adjustments. Moreover, spending-based adjustments are less likely to be… read more here.
Keywords: tax; consolidation; equitable fiscal; based adjustments ... See more keywords
Macroeconomic effects of structural reforms and fiscal consolidations: Trade-offs and complementarities
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DOI: 10.1016/j.ejpoleco.2016.08.010
Abstract: This paper studies the impact of product and labour market structural reforms and the effects of their joint implementation with alternative debt consolidation strategies. The set-up is a dynamic general equilibrium model calibrated for the… read more here.
Keywords: consolidations trade; macroeconomic effects; effects structural; structural reforms ... See more keywords