 | Successful Austerity in the United States, Europe and Japan Author/Editor: Nicoletta Batini, Giovanni Callegari, Giovanni Melina. Release Date:July, 2012 The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract more...
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| | A Toolkit for Assessing Fiscal Vulnerabilities and Risks in Advanced Economies Author/Editor: Andrea Schaechter, C. Emre Alper, Elif Arbatli, Carlos Caceres, Giovanni Callegari, Marc Gerard, Jiri Jonas, Tidiane Kinda, Anna Shabunina, Anke Weber. Release Date:January, 2012 This paper presents a range of tools and indicators for analyzing fiscal vulnerabilities and risks for advanced economies. The analysis covers key short-, medium- and long-term dimensions. Short-term more...
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|  | An Analysis of U.S. Fiscal and Generational Imbalances : Who Will Pay and How? Author/Editor: Nicoletta Batini, Julia Guerreiro, Giovanni Callegari. Release Date:April, 2011 This paper updates existing measures of the U.S. fiscal gap to include federal laws up to and including the mid-December 2010 federal fiscal stimulus. It then applies the methodology of generational more...
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| | Public Expenditures on Social Programs and Household Consumption in China Author/Editor: Emanuele Baldacci, Ding Ding, David Coady, Giovanni Callegari, Pietro Tommasino, Jaejoon Woo, Manmohan S. Kumar. Release Date:March, 2010 This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the more...
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