TY  - JOUR
AU  - Baldacci, Emmanuel
AU  - Gupta, Sanjeev
AU  - Mulas Granados, Carlos
PY  - 2015
DO  - 10.1016/S1514-0326(15)30004-0
SN  - 1667-6726
UR  - https://hdl.handle.net/20.500.14352/23801
T2  - Journal of Applied Economics
AB  - This paper assesses the effects of fiscal consolidations associated with public debt reduction on medium-term output growth during periods of private debt deleveraging. The analysis covers 107 countries and 79 episodes of public debt reduction driven...
LA  - eng
M2  - 71
PB  - Elsevier
KW  - Debt consolidation
KW  - Fiscal adjustments
KW  - Output growth
KW  - Credit constraints: Bank deleveraging
TI  - Debt reduction, fiscal adjustment, and growth in credit-constrained economies
TY  - journal article
VL  - 18
ER  -