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

Abstract

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...  See More +

Details

  • Munoz, Ercio; Olaberria, Eduardo;
  • 2019/08/06 08:59:01
  • Policy Research Working Paper;
  • WPS8957
  • 1
  • 1
  • World
  • The World Region
  • 2019/08/06 08:55:11
  • Disclosed
  • Are Budget Rigidities a Source of Fiscal Distress and a Constraint for Fiscal Consolidation ?
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