메뉴 건너뛰기




Volumn , Issue , 2011, Pages 1-277

Chipping away at public debt: Sources of failure and keys to success in fiscal adjustment

Author keywords

[No Author keywords available]

Indexed keywords


EID: 85100650911     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1002/9781119202523     Document Type: Book
Times cited : (37)

References (103)
  • 1
    • 0012567620 scopus 로고
    • Tales of Fiscal Adjustment
    • Alesina, Alberto, and Silvia Ardagna. 1995. “Tales of Fiscal Adjustment,” Ec onomic Polic y (Vol. 13, No. 27), pp. 489-545.
    • (1995) Ec onomic Polic y , vol.13 , Issue.27 , pp. 489-545
    • Alesina, A.1    Ardagna, S.2
  • 2
    • 77953782844 scopus 로고    scopus 로고
    • Large Changes in Fiscal Policy:Taxes Versus Spending
    • Working Paper 15439
    • Alesina, Alberto, and Silvia Ardagna. 2009. “Large Changes in Fiscal Policy:Taxes Versus Spending,” NBERWorking Paper 15439.
    • (2009) NBER
    • Alesina, A.1    Ardagna, S.2
  • 3
    • 85100673374 scopus 로고    scopus 로고
    • Fiscal Expansions and Adjustments in OECDCountries
    • Alesina, Alberto, and Roberto Perotti. 1998. “Fiscal Expansions and Adjustments in OECDCountries,” Ec onomic Polic y.
    • (1998) Ec onomic Polic y
    • Alesina, A.1    Perotti, R.2
  • 4
    • 85100660778 scopus 로고    scopus 로고
    • The Electoral Consequences of Large Fiscal Adjustments
    • unpublished
    • Alesina, Alberto, Dorian Carloni, and Giampaolo Lecce. 2010. “The Electoral Consequences of Large Fiscal Adjustments,” Harvard University, unpublished.
    • (2010) Harvard University
    • Alesina, A.1    Carloni, D.2    Lecce, G.3
  • 6
    • 85100601644 scopus 로고    scopus 로고
    • November 1, Paper prepared for a panel discussion sponsored by the Center for Japan-U.S. Business and Economic Studies, NYU Stern School of Business
    • Auerbach, Alan J. November 1, 1999. “U.S. Fiscal Policy in a (Brief?) Era of Surpluses.” Paper prepared for a panel discussion sponsored by the Center for Japan-U.S. Business and Economic Studies, NYU Stern School of Business.
    • (1999) U.S. Fiscal Policy in a (Brief?) Era of Surpluses.
    • Auerbach, A.J.1
  • 7
    • 21244432869 scopus 로고    scopus 로고
    • March 27-28, Paper prepared for the Brookings Panel on Economic Activity
    • Auerbach, Alan J. March 27-28, 2003. “Fiscal Policy, Past and Present.” Paper prepared for the Brookings Panel on Economic Activity.
    • (2003) Fiscal Policy, Past and Present.
    • Auerbach, A.J.1
  • 8
    • 85100697421 scopus 로고    scopus 로고
    • June revised March 2005, Paper presented at the Federal Reserve Bank of Boston’s conference on “The Macroeconomics of Fiscal Policy.”
    • Auerbach, Alan J. June 2004, revised March 2005. “American Fiscal Policy in the Post-War Era: An Interpretative History.” Paper presented at the Federal Reserve Bank of Boston’s conference on “The Macroeconomics of Fiscal Policy.”
    • (2004) American Fiscal Policy in the Post-War Era: An Interpretative History.
    • Auerbach, A.J.1
  • 10
    • 66849131443 scopus 로고    scopus 로고
    • U.S. Experience with Federal Budget Rules
    • January
    • Auerbach, Alan J. January 2009. “U.S. Experience with Federal Budget Rules.” CESifo Dic e Report.
    • (2009) CESifo Dic e Report
    • Auerbach, A.J.1
  • 11
    • 85100601772 scopus 로고    scopus 로고
    • Beyond the SGP: Features and Effects of EUNational-level Fiscal Rules
    • April 3-5, proceedings of the 9th Banca d’Italia Workshop on Fiscal Policy, Perugia
    • Ayuso-i-Casals, Joaquim, Diana Gonzalez Hernandez, Laurent Moulin, and Alessandro Turrini. April 3-5, 2007. “Beyond the SGP: Features and Effects of EUNational-level Fiscal Rules,” Fiscal Sustainability: Analytical Developments and Emerging Policy Issues, proceedings of the 9th Banca d’Italia Workshop on Fiscal Policy, Perugia. www.bancaditalia.it/ studiricerche/convegni/atti/fiscal_sustainability.
    • (2007) Fiscal Sustainability: Analytical Developments and Emerging Policy Issues
    • Ayuso-i-Casals, J.1    Hernandez, D.G.2    Moulin, L.3    Turrini, A.4
  • 12
    • 85100669028 scopus 로고    scopus 로고
    • Fiscal Consolidation in an Evolving Institutional Framework: The Italian Experience
    • July, paper prepared for the Ministry of Economy and Finance (General Accounting Department) conference on, Rome
    • Balassone, Fabrizio, G. Cesaroni, G. Gisci, B. Mazzotta, F. Mocavini, and D. Monacelli. July 2008. “Fiscal Consolidation in an Evolving Institutional Framework: The Italian Experience,” paper prepared for the Ministry of Economy and Finance (General Accounting Department) conference on Budget Disc ipline and Public Sec tor Effic ienc y, Rome. http://www.rgs. mef.gov.it/_Documenti/VERSIONE-I/RGS-comuni/Eventi/WORKSHOP-2/ completo_080798_ENG.pdf.
    • (2008) Budget Disc ipline and Public Sec tor Effic ienc y
    • Balassone, F.1    Cesaroni, G.2    Gisci, G.3    Mazzotta, B.4    Mocavini, F.5    Monacelli, D.6
  • 13
    • 84922075986 scopus 로고    scopus 로고
    • Italy: Fiscal Consolidation and Its Legacy
    • March 21-23, proceedings of the 4th Banca d’Italia Workshop on Fiscal Policy, Perugia
    • Balassone, Fabrizio, Daniele Franco, Sandro Momigliano, and Daniela Monacelli. March 21-23, 2002. “Italy: Fiscal Consolidation and Its Legacy,” The Impac t of Fisc al Polic y, proceedings of the 4th Banca d’Italia Workshop on Fiscal Policy, Perugia.
    • (2002) The Impac t of Fisc al Polic y
    • Balassone, F.1    Franco, D.2    Momigliano, S.3    Monacelli, D.4
  • 14
    • 33748992590 scopus 로고    scopus 로고
    • EMUFiscal Indicators: AMisleading Compass?
    • Balassone, Fabrizio, Daniele Franco, and Stefania Zotteri. 2006. “EMUFiscal Indicators: AMisleading Compass?" Empiric a (No. 33), pp. 63-87.
    • (2006) Empiric a , Issue.33 , pp. 63-87
    • Balassone, F.1    Franco, D.2    Zotteri, S.3
  • 16
    • 33750131696 scopus 로고    scopus 로고
    • The Phasing of Fiscal Adjustments: What Works in Emerging Market Economies?
    • November, Blackwell Publishing
    • Baldacci, Emanuele, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados. November 2006. “The Phasing of Fiscal Adjustments: What Works in Emerging Market Economies?" Review of Development Ec onomic s, Blackwell Publishing (Vol. 10, No. 4), pp. 612-631.
    • (2006) Review of Development Ec onomic s , vol.10 , Issue.4 , pp. 612-631
    • Baldacci, E.1    Clements, B.2    Gupta, S.3    Mulas-Granados, C.4
  • 18
    • 0000841798 scopus 로고
    • On the Determination of Public Debt
    • Barro, Robert J. 1979. “On the Determination of Public Debt,” Journal of Politic al Ec onomy (Vol. 87, No. 5), pp. 940-971.
    • (1979) Journal of Politic al Ec onomy , vol.87 , Issue.5 , pp. 940-971
    • Barro, R.J.1
  • 20
    • 70350166774 scopus 로고    scopus 로고
    • Planning to Cheat: EU Fiscal Policy in Real Time
    • Beetsma, Roel, Massimo Giuliodori, and Peter Wierts. 2009. “Planning to Cheat: EU Fiscal Policy in Real Time,” Ec onomic Polic y (Vol. 24, No. 60), pp. 753-804.
    • (2009) Ec onomic Polic y , vol.24 , Issue.60 , pp. 753-804
    • Beetsma, R.1    Giuliodori, M.2    Wierts, P.3
  • 21
    • 84940483708 scopus 로고    scopus 로고
    • ADebate on the Deficit
    • November/December
    • Berglund, Per Gunnar and Matias Vernengo. November/December 2004. “ADebate on the Deficit,” Challenge, pp. 1-42.
    • (2004) Challenge , pp. 1-42
    • Berglund, P.G.1    Vernengo, M.2
  • 22
    • 85100626120 scopus 로고    scopus 로고
    • Fiscal Policy and the Budget
    • in Artis, Michael J. (ed.), London: Oxford University Press
    • Bladen-Hovell, Robin. 1996. “Fiscal Policy and the Budget,” in Artis, Michael J. (ed.), The U. K. Economy, London: Oxford University Press.
    • (1996) The U. K. Economy
    • Bladen-Hovell, R.1
  • 23
    • 0039658649 scopus 로고    scopus 로고
    • The Behavior of U.S. Public Debt and Deficits
    • Bohn, Henning. 1998. “The Behavior of U.S. Public Debt and Deficits,” Quarterly Journal of Ec onomic s (Vol. 113, No. 3).
    • (1998) Quarterly Journal of Ec onomic s , vol.113 , Issue.3
    • Bohn, H.1
  • 29
    • 77958597578 scopus 로고    scopus 로고
    • Revenue Forecasting Practices:Differences across Countries and Consequences for Forecasting Performance
    • Buettner, Thiess and Bjoern Kauder. 2010. “Revenue Forecasting Practices:Differences across Countries and Consequences for Forecasting Performance,” Fisc al Studies (Vol. 31, No. 3).
    • (2010) Fisc al Studies , vol.31 , Issue.3
    • Buettner, T.1    Kauder, B.2
  • 31
    • 85100670328 scopus 로고    scopus 로고
    • March 18-19, paper prepared for the Conference on Independent Fiscal Policy Institutions, Budapest
    • Calmfors, Lars. March 18-19, 2010. “The Swedish Fiscal Policy Council-Experiences and Lessons,” paper prepared for the Conference on Independent Fiscal Policy Institutions, Budapest.
    • (2010) The Swedish Fiscal Policy Council-Experiences and Lessons
    • Calmfors, L.1
  • 34
    • 53149087627 scopus 로고    scopus 로고
    • European Central BankWorking PaperNo. 919, Frankfurt, Germany
    • Cimadomo, Jacopo. 2008. “Fiscal Policy in Real Time,” European Central BankWorking PaperNo. 919, Frankfurt, Germany.
    • (2008) Fiscal Policy in Real Time
    • Cimadomo, J.1
  • 38
    • 85100631345 scopus 로고    scopus 로고
    • The International Dimension of Macroeconomic Policies in Canada
    • In, eds. M. U. Fratianni, D. Salvatore and J. von Hagen. Westport, Connecticut: Greenwood Press
    • Courchene, Thomas, J. 1997. “The International Dimension of Macroeconomic Policies in Canada.” In Mac roec onomic s Polic y in Open Ec onomies, eds. M. U. Fratianni, D. Salvatore and J. von Hagen. Westport, Connecticut: Greenwood Press, pp. 495-537.
    • (1997) Mac roec onomic s Polic y in Open Ec onomies , pp. 495-537
    • Courchene, T.J.1
  • 41
    • 84861666136 scopus 로고    scopus 로고
    • Discretion, Institutions and Fiscal Discipline
    • in Manmohan Kumar and Teresa Ter-Minassian (eds.), International Monetary Fund, Washington, D.C
    • Debrun, Xavier, David Hauner, and Manmohan Kumar. 2007. “Discretion, Institutions and Fiscal Discipline,” in Manmohan Kumar and Teresa Ter-Minassian (eds.), Promoting Fisc al Disc ipline, International Monetary Fund, Washington, D.C.
    • (2007) Promoting Fisc al Disc ipline
    • Debrun, X.1    Hauner, D.2    Kumar, M.3
  • 44
    • 85100642846 scopus 로고    scopus 로고
    • How to Stick to Medium-Term Budgetary Plans,” Part III of “Public Finances in EMU2007
    • No. 3/2007, DGECFIN
    • European Commission. 2007. “How to Stick to Medium-Term Budgetary Plans,” Part III of “Public Finances in EMU2007,” European Ec onomy No. 3/2007, DGECFIN, pp. 149-192.
    • (2007) European Ec onomy , pp. 149-192
  • 47
    • 85100677561 scopus 로고    scopus 로고
    • Italian Public Debt since National Unification: AReconstruction of the Time Series
    • (occasional papers) 31, Banca d’Italia
    • Francese, Maura and Angelo Pace. 2008. “Italian Public Debt since National Unification: AReconstruction of the Time Series,” Questioni di ec onomia e finanza (occasional papers) 31, Banca d’Italia.
    • (2008) Questioni di ec onomia e finanza
    • Francese, M.1    Pace, A.2
  • 49
    • 59349108721 scopus 로고    scopus 로고
    • Retrospective on American Economic Policy in the 1990s
    • In Frankel and Orzsag (eds.), MITPress
    • Frankel, Jeffrey and Peter Orzsag. 2002. “Retrospective on American Economic Policy in the 1990s.” In Frankel and Orzsag (eds.), Americ an Ec onomic Polic y in the 1990s. MITPress.
    • (2002) Americ an Ec onomic Polic y in the 1990s
    • Frankel, J.1    Orzsag, P.2
  • 50
    • 0033919753 scopus 로고    scopus 로고
    • Searching for Non-Linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries
    • Giavazzi, Francesco, Tullio Jappelli, and Marco Pagano. 2000. “Searching for Non-Linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries,” European Ec onomic Review (Vol. 44), pp. 1259-89.
    • (2000) European Ec onomic Review , vol.44 , pp. 1259-1289
    • Giavazzi, F.1    Jappelli, T.2    Pagano, M.3
  • 57
    • 84967549408 scopus 로고    scopus 로고
    • April 27, Remarks before the Bond MarketAssociation
    • Greenspan, Alan. April 27, 2001. “The Paydown of Federal Debt.” Remarks before the Bond MarketAssociation.
    • (2001) The Paydown of Federal Debt.
    • Greenspan, A.1
  • 59
    • 84994971745 scopus 로고
    • The Influence of Gramm-Rudman-Hollings Act on Federal Budgetary Outcomes, 1986-89
    • Hahm, Sung Deuk, Mark S. Kamlet, David C. Mowery, and Tsai-Tsu Su. 1992. “The Influence of Gramm-Rudman-Hollings Act on Federal Budgetary Outcomes, 1986-89,” Journal of Polic y Analysis and Management (Vol. 11, No. 2), pp. 207-234.
    • (1992) Journal of Polic y Analysis and Management , vol.11 , Issue.2 , pp. 207-234
    • Hahm, S.D.1    Kamlet, M.S.2    Mowery, D.C.3    Su, T.-T.4
  • 62
    • 84855897740 scopus 로고    scopus 로고
    • Will ItHurt?Macroeconomic Effects of Fiscal Consolidation
    • Chapter 3, October
    • InternationalMonetary Fund. 2010a. “Will ItHurt?Macroeconomic Effects of Fiscal Consolidation,” World Ec onomic Outlook, Chapter 3, October.
    • (2010) World Ec onomic Outlook
  • 63
    • 85100618812 scopus 로고    scopus 로고
    • November. Washington, D.C
    • InternationalMonetary Fund. 2010b. Fisc al Monitor. November. Washington, D.C.
    • (2010) Fisc al Monitor
  • 64
    • 33745961312 scopus 로고    scopus 로고
    • Improving Fiscal Policy in the EU: The Case for Independent Forecasts
    • Jonung, Lars and Martin Larch. 2006. “Improving Fiscal Policy in the EU: The Case for Independent Forecasts,” Ec onomic Polic y (Vol. 21, No. 47), pp. 491-534.
    • (2006) Ec onomic Polic y , vol.21 , Issue.47 , pp. 491-534
    • Jonung, L.1    Larch, M.2
  • 66
    • 85100608065 scopus 로고    scopus 로고
    • March, Congressional Research Service Report forCongress
    • Keith, Robert. March 2004. Budget Sequesters: A Brief Review. Congressional Research Service Report forCongress.
    • (2004) Budget Sequesters: A Brief Review
    • Keith, R.1
  • 71
    • 84979817380 scopus 로고    scopus 로고
    • AStructural Analysis of Italy’s Fiscal Policies after Joining the Monetary Union:Are We Learning from Our Past?
    • Marino, Maria Rosaria, Sandro Momigliano, and Pietro Rizza. 2008. “AStructural Analysis of Italy’s Fiscal Policies after Joining the Monetary Union:Are We Learning from Our Past?" Public Financ e and Management (Vol. 8, No. 3), pp. 451-501.
    • (2008) Public Financ e and Management , vol.8 , Issue.3 , pp. 451-501
    • Marino, M.R.1    Momigliano, S.2    Rizza, P.3
  • 74
    • 85100611091 scopus 로고    scopus 로고
    • keynote speech for the Guardian Public Services Summit
    • Martin, Paul. 2010. “Improvement in a Cold Climate,” keynote speech for the Guardian Public Services Summit.
    • (2010) Improvement in a Cold Climate
    • Martin, P.1
  • 75
    • 4444257309 scopus 로고
    • Long-Term Tendencies in Budget Deficits and Debt
    • In, proceedings from a Symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming
    • Masson, Paul and Michael Mussa. 1995. “Long-Term Tendencies in Budget Deficits and Debt.” In Budget Defic its and Debt: Issues and Options, proceedings from a Symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming.
    • (1995) Budget Defic its and Debt: Issues and Options
    • Masson, P.1    Mussa, M.2
  • 76
    • 52749094524 scopus 로고    scopus 로고
    • International Evidence on Fiscal Solvency: Is Fiscal Policy ‘Responsible’?
    • Mendoza, Enrique G. and Jonathan D. Ostry. 2008. “International Evidence on Fiscal Solvency: Is Fiscal Policy ‘Responsible’?" Journal of Monetary Ec onomic s.
    • (2008) Journal of Monetary Ec onomic s
    • Mendoza, E.G.1    Ostry, J.D.2
  • 77
    • 0142119316 scopus 로고    scopus 로고
    • Good, Bad or Ugly: On the Effects of Fiscal Rules with Creative Accounting
    • Milesi-Ferretti, Gian Maria. 2003. “Good, Bad or Ugly: On the Effects of Fiscal Rules with Creative Accounting,” Journal of Public Ec onomic s (No. 88), pp. 377-94.
    • (2003) Journal of Public Ec onomic s , Issue.88 , pp. 377-394
    • Milesi-Ferretti, G.M.1
  • 78
    • 33749004902 scopus 로고    scopus 로고
    • Fiscal Adjustment in EUCountries: ABalance SheetApproach
    • March 21-23, in, proceedings of the 6th Banca d’Italia Workshop on Fiscal Policy, Perugia
    • Milesi-Ferretti, Gian Maria, and Kenji Moriyama. March 21-23, 2004. “Fiscal Adjustment in EUCountries: ABalance SheetApproach,” in Public Debt, proceedings of the 6th Banca d’Italia Workshop on Fiscal Policy, Perugia.
    • (2004) Public Debt
    • Milesi-Ferretti, G.M.1    Moriyama, K.2
  • 80
    • 84881808292 scopus 로고    scopus 로고
    • Framework for Fiscal Consolidation: Successes and Failures in Japan
    • Miyazaki, Masato. 2006. “Framework for Fiscal Consolidation: Successes and Failures in Japan,” OECDJournal on Budgeting (Vol. 6, No. 4).
    • (2006) OECDJournal on Budgeting , vol.6 , Issue.4
    • Miyazaki, M.1
  • 81
  • 82
    • 84869287065 scopus 로고    scopus 로고
    • Expenditure rules a la francaise: An assessment after five years
    • March 12
    • Moulin, Laurent. March 12, 2004. “Expenditure rules a la francaise: An assessment after five years,” ECFINcountry focus, Volume 1, No. 5.
    • (2004) ECFINcountry focus , vol.1 , Issue.5
    • Moulin, L.1
  • 84
    • 85100663767 scopus 로고    scopus 로고
    • In Martin Muhleisen and Christopher Towe (eds.), U.S. Fiscal Policies and Priorities for Long-Run Sustainability. IMFOccasional Paper 227, Washington, D.C
    • Muhleisen, Martin. 2004. “Overview: Returning Deficits and the Need for Fiscal Reforms.” In Martin Muhleisen and Christopher Towe (eds.), U.S. Fiscal Policies and Priorities for Long-Run Sustainability. IMFOccasional Paper 227, Washington, D.C.
    • (2004) Overview: Returning Deficits and the Need for Fiscal Reforms.
    • Muhleisen, M.1
  • 88
    • 1542632034 scopus 로고
    • Taxes and Spending under Gramm-Rudman-Hollings
    • September
    • Reischauer, Robert D. 1990. “Taxes and Spending under Gramm-Rudman-Hollings,” National Tax Journal (Vol. 43, No. 3, September).
    • (1990) National Tax Journal , vol.43 , Issue.3
    • Reischauer, R.D.1
  • 95
    • 0009606698 scopus 로고
    • October NBERWorking PaperNo. 2061. National Bureau of Economic Research, Massachusetts
    • Summers, Larry. October 1986. Debt Problems and Mac roec onomic Polic ies. NBERWorking PaperNo. 2061. National Bureau of Economic Research, Massachusetts.
    • (1986) Debt Problems and Mac roec onomic Polic ies
    • Summers, L.1
  • 96
    • 34548293439 scopus 로고    scopus 로고
    • Fiscal Consolidation and Medium-term Fiscal Planning in Japan
    • Tanaka, Hideaki. 2003. “Fiscal Consolidation and Medium-term Fiscal Planning in Japan,” OECDJournal on Budgeting (Vol. 3, No. 2).
    • (2003) OECDJournal on Budgeting , vol.3 , Issue.2
    • Tanaka, H.1
  • 99
    • 84881682376 scopus 로고    scopus 로고
    • OECD Economics Department Working Paper No. 341. Paris: Organization for Economic Cooperation and Development
    • Van den Noord, Paul. 2002. “Managing Public Expenditure: The U.K. Approach,” OECD Economics Department Working Paper No. 341. Paris: Organization for Economic Cooperation and Development.
    • (2002) Managing Public Expenditure: The U.K. Approach
    • Van den Noord, P.1
  • 102
    • 77955093794 scopus 로고    scopus 로고
    • Sticking to Fiscal Plans: The Role of Institutions
    • Von Hagen, Jurgen. 2010. “Sticking to Fiscal Plans: The Role of Institutions,” Public Choic e (144), pp. 487-503.
    • (2010) Public Choic e , Issue.144 , pp. 487-503
    • Von Hagen, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.