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

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 narrative... READ MORE...

Publication date: June 2018
ISBN 9781484361696
$18.00

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