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An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries / Alun Thomas.
- Format:
- Book
- Government document
- Author/Creator:
- Thomas, Alun.
- Series:
- IMF Working Papers; Working Paper ; No. 2001/069
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Government business enterprises--India--Management.
- Government business enterprises.
- Government corporations--Finance--India.
- Government corporations.
- Industrial management--India.
- Industrial management.
- Public trustees--India.
- Public trustees.
- Physical Description:
- 1 online resource (26 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2001.
- Language Note:
- English
- Summary:
- Several recent papers have examined the response of national saving to changes in fiscal policy. This paper uses knowledge about the intergenerational fiscal position of a country to determine whether this information helps to explain cross country differences in the nature of the response. Using OECD data the paper finds that in countries in intergenerational fiscal balance, the private sector completely offsets fiscal policy changes whereas in other countries the private sector offset is only partial. Moreover, in countries with large intergenerational fiscal imbalances, strong fiscal consolidation packages reduce the impact of changes in fiscal policy on national saving.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9786613779274
- 9781462300556
- 1462300553
- 9781452714950
- 1452714959
- 9781281345707
- 1281345709
- 9781451895599
- 1451895593
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