Fundamental determinants of the effects of fiscal policy /
We explore the underlying determinants of the macroeconomic effects of fiscal policy and tax and social security reform using the Global Fiscal Model (GFM). We show that the planning horizon of consumers, access to financial markets, and the elasticity of labor supply, as well as the characteristics...
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Main Authors: | , |
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Corporate Author: | |
Format: | Electronic eBook |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund, Fiscal Affairs Dept.,
2006.
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Series: | IMF working paper ;
WP/06/72. |
Subjects: | |
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