Growth Forecast Errors and Fiscal Multipliers.

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. The relation is particularly strong, both statistica...

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Publicado en:	American Economic Review Vol. 103; no. 3; pp. 117 - 121
Autores principales:	Blanchard, Olivier J, Leigh, Daniel
Formato:	Artículo
Publicado:	American Economic Association May2013
Materias:	Financial crises Mathematical models of economic development Mathematical models of forecasting Statistical errors European Sovereign Debt Crisis, 2009-2018 Austerity Estimation theory
Acceso en línea:	Ver este registro en EBSCOhost