{"id":5622,"date":"2013-06-27T15:07:45","date_gmt":"2013-06-27T12:07:45","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=5622"},"modified":"2013-07-11T15:41:05","modified_gmt":"2013-07-11T12:41:05","slug":"the-distributional-effects-of-fiscal-consolidation","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/the-distributional-effects-of-fiscal-consolidation\/","title":{"rendered":"The Distributional Effects of Fiscal Consolidation"},"content":{"rendered":"<p>Ball, Laurence,\u00a0Furceri, Davide, Leigh, Daniel\u00a0&amp; Loungani, Prakash.<\/p>\n<p>This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978\u20132009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The evidence also suggests that spending-based adjustments have had, on average, larger distributional effects than tax-based adjustments.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>IMF<\/p>\n<p><a href=\"http:\/\/www.imf.org\/external\/pubs\/cat\/longres.aspx?sk=40699.0\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ball, Laurence,\u00a0Furceri, Davide, Leigh, Daniel\u00a0&amp; Loungani, Prakash. This paper examines the distributional effects of fiscal consolidation. Using episodes of fiscal consolidation for a sample of 17 OECD countries over the period 1978\u20132009, we find that fiscal consolidation has typically had significant distributional effects by raising inequality, decreasing wage income shares and increasing long-term unemployment. The [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,34,4],"tags":[28,25],"class_list":["post-5622","post","type-post","status-publish","format-standard","hentry","category-19","category-34","category-proposals","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=5622"}],"version-history":[{"count":3,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5622\/revisions"}],"predecessor-version":[{"id":5627,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/5622\/revisions\/5627"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=5622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=5622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=5622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}