Zobrazeno 1 - 5
of 5
pro vyhledávání: '"Leigh, Danie"'
Autor:
Bluedorn, John C, Leigh, Danie
We revisit the conventional view that output fluctuates around a stable trend by analyzing professional long-term forecasts for 38 advanced and emerging market economies. If transitory deviations around a trend dominate output fluctuations, then fore
Autor:
Bluedorn, John C, Leigh, Danie
We explore the long-term impact of economic booms on labor market outcomes using a novel approach based on revisions to professional forecasts over the past 30 years for 34 advanced economies. We find that when employment rises unexpectedly, forecast
The Macroeconomic Effects of Fiscal Consolidation in Emerging Economies: Evidence From Latin America
We estimate the short-term effects of fiscal consolidation on economic activity in 14 countries in Latin America and the Caribbean. We examine contemporaneous policy documents to identify changes in fiscal policy motivated by a desire to reduce the b
Autor:
David, Antonio, Leigh, Danie
This paper presents a new database of fiscal consolidations for 14 Latin American and Caribbean economies during 1989-2016. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget defici
Autor:
Leigh, Danie
This paper investigates how monetary policy can help ward off a protracted deflationary slump when policy rates are near the zero bound by studying the experience of Japan during the'Lost Decade'which followed the asset-price bubble collapse in the e