Fundamental determinants of the effects of fiscal policy /

We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to financial markets, and the elasticity of labor supply, as well as the characteristics...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Botman, Dennis (Dennis Petrus Johannes) (Autor), Kumar, Manmohan S. (Autor)
Autor Corporativo: International Monetary Fund. Fiscal Affairs Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., 2006.
Colección:IMF working paper ; WP/06/72.
Temas:
Fiscal policy > Econometric models.
Economic policy > Econometric models.
Politique fiscale > Modèles économétriques.
Politique économique > Modèles économétriques.
Economic policy > Econometric models
Fiscal policy > Econometric models
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. KEY FEATURES OF THE GLOBAL FISCAL MODEL
  • III. CALIBRATING THE MODEL
  • IV. THE MACROECONOMIC EFFECTS OF GOVERNMENT DEBT
  • V. GOVERNMENT SPENDING SHOCKS AND PRIVATE CONSUMPTION
  • VI. TAX DISTORTIONS AND THE BENEFITS OF TAX REFORM
  • VII. THE EFFECTS OF PRIVATIZING RETIREMENT SAVING
  • VIII. CONCLUDING REMARKS
  • References

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