How long can austerity persist? The factors that sustain fiscal consolidations
To put public debt on a sustainable path, many governments face the task of enacting large fiscal consolidation followed by years of sustained primary surpluses. By estimating hazard functions for the duration of consolidations, we analyse the features of past consolidation efforts across a panel of...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of A Coruna
2013-06-01
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| Series: | European Journal of Government and Economics |
| Subjects: | |
| Online Access: | http://www.ejge.org/index.php/ejge/article/view/10 |