Are Budget Rigidities a Source of Fiscal Distress and a Constraint for Fiscal Consolidation ? (English)

This paper studies whether budget rigidities affect the probability of countries getting into fiscal distress and reduce the likelihood of governments performing fiscal adjustments. Budget rigidities are constraints that limit the ability of the government to change the size and structure of the public budget in the short term. Budget rigidities stem from different institutional arrangements and therefore can take different forms. To build an indicator...

DETAILS

Author

Munoz,Ercio;

Olaberria,Eduardo;
Document Date
2019/08/06
Document Type
Policy Research Working Paper
Report Number
WPS8957
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2019/08/06
Disclosure Status
Disclosed
Doc Name
Are Budget Rigidities a Source of Fiscal Distress and a Constraint for Fiscal Consolidation ?
Keywords
fiscal adjustment

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)

Official PDF
TXT*
Total Downloads** : 1699
Download Stats
*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

Munoz,Ercio; Olaberria,Eduardo.

Are Budget Rigidities a Source of Fiscal Distress and a Constraint for Fiscal Consolidation ? (English). Policy Research working paper|no. WPS 8956 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/250821565096379368

Are Budget Rigidities a Source of Fiscal Distress and a Constraint for Fiscal Consolidation ? (English)

DETAILS

DOWNLOADS

COMPLETE REPORT

Citation

SUBSCRIBE TO EMAIL ALERTS