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Fiscal consolidation in Israel : a global fiscal model perspective /
Fiscal consolidation has become an important policy prescription for many emerging market countries (EMCs), particularly for the highly indebted ones. Although prudent fiscal policies tend to reduce vulnerabilities, their implementation is usually postponed. This paper represents, to the best of our...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, IMF Institute,
2006.
|
| Colección: | IMF working paper ;
WP/06/253. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Elekdag, Selim, |e author. | |
| 245 | 1 | 0 | |a Fiscal consolidation in Israel : |b a global fiscal model perspective / |c prepared by Selim Elekdag, Natan Epstein, and Marialuz Moreno-Badía. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, IMF Institute, |c 2006. | ||
| 300 | |a 1 online resource (31 pages) | ||
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| 490 | 1 | |a IMF working paper ; |v WP/06/253 | |
| 504 | |a Includes bibliographical references. | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a Fiscal consolidation has become an important policy prescription for many emerging market countries (EMCs), particularly for the highly indebted ones. Although prudent fiscal policies tend to reduce vulnerabilities, their implementation is usually postponed. This paper represents, to the best of our knowledge, one of the first attempts in the literature to quantify the costs of delaying fiscal consolidation in an EMC. In particular, using the IMF's Global Fiscal Model (GFM), we find that early consolidation through expenditure cuts would result in a substantial increase in Israel's long-term output growth relative to the case with delayed fiscal adjustment. Using an alternative fiscal instrument, we find that delaying tax cuts would result in cumulative real GDP that is much larger than otherwise. | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. FISCAL PERFORMANCE IN ISRAEL -- III. THE MODEL -- IV. FISCAL CONSOLIDATION: NOW VERSUS LATER -- V. TAX CUTS -- VI. CONCLUSION -- APPENDIX. CALIBRATION OF GFM -- REFERENCES | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Fiscal policy |z Israel. | |
| 650 | 0 | |a Economic stabilization |z Israel. | |
| 650 | 0 | |a Tax and expenditure limitations |z Israel. | |
| 650 | 6 | |a Impôt et dépenses publiques |x Réduction |z Israël. | |
| 650 | 6 | |a Politique fiscale |z Israël. | |
| 650 | 6 | |a Stabilisation économique |z Israël. | |
| 650 | 7 | |a Tax and expenditure limitations |2 fast | |
| 650 | 7 | |a Economic stabilization |2 fast | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 651 | 7 | |a Israel |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJdgWx83Xb7cjjrMXBJYyd | |
| 700 | 1 | |a Epstein, Natan P., |e author. | |
| 700 | 1 | |a Moreno Badia, Marialuz, |e author. | |
| 758 | |i has work: |a Fiscal consolidation in Israel (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGjPvb8CxXc6KPPCGWhm3P |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Elekdag, Selim. |t Fiscal consolidation in Israel. |d Washington, D.C. : International Monetary Fund, European Dept. and Research Dept., ©2006 |w (OCoLC)124039642 |
| 830 | 0 | |a IMF working paper ; |v WP/06/253. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014399 |z Texto completo |
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