08631nam a2200865 cb4500 BV048342821 DE-604 00000000000000.0 cr|uuu---uuuuu 220713s2013 xx o|||| 00||| eng d 1475576447 18.00 USD 1-475-57644-7 9781475576443 18.00 USD 978-1-475-57644-3 (ZDB-1-IMF)845821784 (OCoLC)1337117365 (DE-599)BVBBV048342821 DE-604 ger eng DE-20 DE-824 DE-70 DE-155 DE-29 DE-22 DE-473 DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-739 DE-355 DE-Aug4 DE-1049 DE-12 DE-91 DE-Re13 Blanchard, Olivier J. Verfasser aut Growth Forecast Errors and Fiscal Multipliers Blanchard, Olivier J Washington, D.C International Monetary Fund 2013 1 Online-Ressource (43 p) txt rdacontent c rdamedia 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 Leigh, Daniel Sonstige oth IMF Working Papers Working Paper No. 13/1 Working Paper No. 13/1 http://elibrary.imf.org/view/IMF001/20181-9781475576443/20181-9781475576443/20181-9781475576443.xml Verlag URL des Erstveröffentlichers Volltext ZDB-1-IMF oai:aleph.bib-bvb.de:BVB01-033722089 http://elibrary.imf.org/view/IMF001/20181-9781475576443/20181-9781475576443/20181-9781475576443.xml DE-20 ZDB-1-IMF Verlag Volltext http://elibrary.imf.org/view/IMF001/20181-9781475576443/20181-9781475576443/20181-9781475576443.xml DE-824 ZDB-1-IMF Verlag Volltext http://elibrary.imf.org/view/IMF001/20181-9781475576443/20181-9781475576443/20181-9781475576443.xml DE-70 ZDB-1-IMF Verlag Volltext http://elibrary.imf.org/view/IMF001/20181-9781475576443/20181-9781475576443/20181-9781475576443.xml DE-155 ZDB-1-IMF Verlag Volltext 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