Options for fiscal consolidation in the United Kingdom

Options for fiscal consolidation in the United Kingdom / prepared by Dennis Botman and Keiko Honjo.

This paper examines the macroeconomic effects of different timing and composition of fiscal adjustment in the United Kingdom using the IMF's Global Fiscal Model. Early consolidation dampens aggregate demand in the short term, but increases output in the long term as smaller primary surpluses ar...

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Bibliographic Details
Main Authors: Botman, Dennis (Dennis Petrus Johannes) (Author), Honjo, Keiko (Author)
Corporate Authors: International Monetary Fund. European Department, International Monetary Fund. Fiscal Affairs Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, European Dept. and Fiscal Affairs Dept., 2006.
Series:IMF working paper ; WP/06/89.
Subjects:
Fiscal policy > Great Britain > Econometric models.
Finance, Public > Great Britain > Econometric models.
Finance, Public > Econometric models
Fiscal policy > Econometric models
Great Britain
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