About this document
Political Economy of Fiscal Adjustments by Quang Dũng is a document available to read on EtoBox.
The document discusses the political economy of fiscal adjustments, emphasizing that the composition of these adjustments significantly impacts their success. It finds that fiscal consolidations relying on spending cuts, particularly in government wages and transfers, tend to be expansionary, while those relying on tax increases are contractionary. Additionally, it concludes that governments implementing tight fiscal policies do not face electoral penalties and may even be rewarded by voters for reducing de
- Author
- Quang Dũng
- Language
- EN