The Distributional Effects of Fiscal Consolidation
| Author | : Laurence M. Ball |
| Publisher | : International Monetary Fund |
| Total Pages | : 24 |
| Release | : 2013-06-21 |
| ISBN-10 | : 9781475567205 |
| ISBN-13 | : 1475567200 |
| Rating | : 4/5 (200 Downloads) |
Book Synopsis The Distributional Effects of Fiscal Consolidation by : Laurence M. Ball
Download or read book The Distributional Effects of Fiscal Consolidation written by Laurence M. Ball and published by International Monetary Fund. This book was released on 2013-06-21 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978–2009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The evidence also suggests that spending-based adjustments have had, on average, larger distributional effects than tax-based adjustments.