Debt Reduction, Fiscal Adjustment, and Growth in Credit-Constrained Economies by Emanuele Baldacci, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF, indicated by Teresa Ter-Minassian (11/2013). This paper assesses the effects of fiscal consolidations associated with public debt reduction on…
How Much is A Lot? Historical Evidence on the Size of Fiscal Adjustments by Julio Escolano, Laura Jaramillo, Carlos Mulas-Granados, and Gilbert Terrier published by IMF, indicated by Teresa Ter-Minassian (9/2014). The sizeable fiscal consolidation required to stabilize the…
Front-Loaded or Back-Loaded Fiscal Adjustments: What Works in Emerging Market Economies? by Emanuele Baldacci, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF, indicated by Teresa Ter-Minassian (8/2014). This paper investigates the political and economic determinants of successful…
Automation, skills and the future of work: what do workers think? by Carlos Mulas-Granados, Richard Varghese, Vizhdan Baranova, Alice de Chalendar and Judith Wallenstein published by IMF (12/2019). “The fear of automation is turning into the collective angst of…
Fiscal politics by Vitor Gaspar, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF (3/2017). “Politics influence economic outcomes through various channels, including structural reforms and monerary and fiscal policies. The proximity to elections can affect the mix of governments’s…
Governments and promised fiscal consolidations: Do they mean what they say? by Carlos Mulas-Granados, João Tovar Jalles, Michela Schena and Sanjeev Gupta published by IMF (2/2017). “This paper analyses the causes and consequences of fiscal consolidation promise gaps, defined…
