The Distributional Effects of Fiscal Consolidation

Released on by Laurence M. Ball
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  • The Distributional Effects of Fiscal Consolidation Book Detail

  • Author : Laurence M. Ball
  • Release Date : 2013-06-21
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 24
  • ISBN 13 : 1475551940
  • File Size : 44,44 MB
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The Distributional Effects of Fiscal Consolidation by Laurence M. Ball PDF Summary

Book Description: 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.

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