Is fiscal fatigue a threat to consolidation programmes?

Building on a narrative approach to identify episodes of fiscal consolidation, data for a group of seventeen industrial countries over the period 1978–2009, and continuous-time duration models, we find evidence suggesting that the likelihood of a fiscal consolidation ending increases over time, but...

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Bibliographic Details
Main Authors: Luca Agnello, Vitor Castro, Ricardo M. Sousa
Format: Default Article
Published: 2015
Subjects:
Other economics not elsewhere classified
Fiscal consolidation
Duration analysis
Weibull model
Duration dependence
Change points
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/25014
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https://hdl.handle.net/2134/25014

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