Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/22470
Registo completo
Campo DC | Valor | Idioma |
---|---|---|
dc.contributor.author | Agnello, Luca | - |
dc.contributor.author | Castro, Vítor | - |
dc.contributor.author | Sousa, Ricardo M. | - |
dc.date.accessioned | 2013-01-10T10:42:06Z | - |
dc.date.available | 2013-01-10T10:42:06Z | - |
dc.date.issued | 2012 | - |
dc.identifier.uri | https://hdl.handle.net/1822/22470 | - |
dc.description.abstract | Building on a narrative approach to identify episodes of fiscal consolidation, data for a group of 17 industrial countries over the period 1978-2009 and both continuous-time and discrete-time duration models, we find evidence suggesting that likelihood of a fiscal consolidation ending increases over time, but only for programs that last less than six years. Additionally, fiscal consolidations tend to last longer in non-European than in European countries. Our results emphasize that chronic fiscal imbalances might lead to a vicious austerity cycle, while discipline in the behavior of fiscal authorities is a means of achieving credible and shorter adjustment measures. | por |
dc.description.sponsorship | Fundação para a Ciência e a Tecnologia (FCT) | por |
dc.language.iso | eng | por |
dc.rights | openAccess | por |
dc.subject | Fiscal consolidations | por |
dc.subject | Duration analysis | por |
dc.subject | Weibull Model | por |
dc.subject | Duration dependence | por |
dc.subject | Change-points | por |
dc.title | Are there change-points in the likelihood of a fiscal consolidation ending? | por |
dc.type | workingPaper | por |
dc.peerreviewed | no | por |
sdum.publicationstatus | published | por |
oaire.citationStartPage | 1 | por |
oaire.citationEndPage | 26 | por |
oaire.citationTitle | NIPE Working Paper Series | por |
oaire.citationVolume | 18 | por |
Aparece nas coleções: | NIPE - Documentos de Trabalho |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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NIPE_WP_18_2012.pdf | Documento principal | 468,92 kB | Adobe PDF | Ver/Abrir |