03083cam a22004692c 4500 397226578 DE-603 20240909004426.0 cr ||||||||||| 170102s2013 xx |||| o| u00| u|eng c 10.5089/9781475576443.001 doi (DE-599)GBV845821784 DE-603 ger DE-603 DE-603 eng 330 DE-101 sdnb Blanchard, Olivier Verfasser aut Growth Forecast Errors and Fiscal Multipliers Olivier Blanchard, Daniel Leigh Washington, D.C. International Monetary Fund 2013 Washington, D.C. International Monetary Fund 1 Online-Ressource (43 Seiten) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier IMF Working Papers No. 2013/001 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. Leigh, Daniel Erscheint auch als Druck-Ausgabe Blanchard, Olivier Growth Forecast Errors and Fiscal Multipliers Washington : International Monetary Fund, 2013 9781475576443 9781475576443 https://elibrary.imf.org/view/journals/001/2013/001/001.2013.issue-001-en.xml?cid=40200-com-dsp-marc Verlag kostenfrei https://dx.doi.org/10.5089/9781475576443.001 Resolving-System kostenfrei ZDB-310-IMOA 30 (DE-603)797863311 DE-30 HES d https://doi.org/10.5089/9781475576443.001 946 (DE-603)1271829711 DE-946 HES d https://doi.org/10.5089/9781475576443.001 17 (DE-603)1230416803 DE-17 HES d https://doi.org/10.5089/9781475576443.001 Ds 114 (DE-603)127182972X DE-Ds114 HES d https://doi.org/10.5089/9781475576443.001 43 (DE-603)1271829738 DE-43 HES d https://doi.org/10.5089/9781475576443.001 66 (DE-603)1271829754 DE-66 HES d https://doi.org/10.5089/9781475576443.001 34 (DE-603)1271829762 DE-34 HES d https://doi.org/10.5089/9781475576443.001 1053 (DE-603)1271829770 DE-1053 HES d https://doi.org/10.5089/9781475576443.001 Mb 109 (DE-603)1271829789 DE-Mb109 HES d https://doi.org/10.5089/9781475576443.001 26 (DE-603)797863346 DE-26 HES d https://doi.org/10.5089/9781475576443.001 4 (DE-603)797863354 DE-4 HES d https://doi.org/10.5089/9781475576443.001