03537cam a2200709 c 4500 gbv_845821784 DE-602 20260214034240.0 cr uuu---uuuuu 160113s2013 xxu|||||o 00| ||eng c 1475576447 : 18.00 USD 1-4755-7644-7 9781475576443 : 18.00 USD 978-1-4755-7644-3 10.5089/9781475576443.001 doi (DE-627)845821784 (DE-576)9845821782 (DE-599)GBV845821784 (OCoLC)874340155 (IMF)9781475576443 (DE-627-1)082949905 DE-627 ger DE-627 rakwb eng XD-US Blanchard, Olivier 1948- (DE-588)115601929 (DE-627)077355512 (DE-576)164000453 aut Growth forecast errors and fiscal multipliers Olivier Blanchard and Daniel Leigh Washington, D.C International Monetary Fund 2013 Online-Ressource (43 p) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier IMF Working Papers Working Paper No. 13/1 This paper investigates the relation between growth forecast errors and planned fiscal consolidation during the crisis. We find that, in advanced economies, stronger planned fiscal consolidation has been associated with lower growth than expected, with the relation being particularly strong, both statistically and economically, early in the crisis. A natural interpretation is that fiscal multipliers were substantially higher than implicitly assumed by forecasters. The weaker relation in more recent years may reflect in part learning by forecasters and in part smaller multipliers than in the early years of the crisis Online-Ausg. 1.1\x Haushaltskonsolidierung (DE-627)091365570 (DE-2867)11731-6 stw 1.2\x Multiplikator (DE-627)091378958 (DE-2867)10251-4 stw 1.3\x Wirtschaftswachstum (DE-627)091401364 (DE-2867)10414-2 stw 1.4\x Wirtschaftsprognose (DE-627)091401194 (DE-2867)10031-4 stw Public Finance Business Fluctuations Cycles Fiscal Policy Taxation, Subsidies, and Revenue: General Forecasts of Budgets, Deficits, and Debt National Government Expenditures and Related Policies: General Macroeconomics Public finance & taxation Fiscal consolidation Fiscal multipliers Expenditure Fiscal stance Fiscal policy Expenditures, Public New Zealand (DE-206)34 Graue Literatur DE-206 Leigh, Daniel aut Erscheint auch als Druck-Ausgabe Blanchard, Olivier Growth Forecast Errors and Fiscal Multipliers Washington, D.C. : International Monetary Fund, 2013 ISBN 9781475576443 IMF working papers Working Paper No. 13/1 1300 (DE-627)362980934 (DE-576)265362520 (DE-600)2108494-4 am http://elibrary.imf.org/view/journals/001/2013/001/001.2013.issue-001-en.xml X:IMF Verlag kostenfrei 0 https://elibrary.imf.org/view/journals/001/2013/001/001.2013.issue-001-en.xml X:IMF Verlag kostenfrei 0 ZDB-310-IMOA BO DE-1;845821784 845821784 DE-1 KOBV c KOBV