A Simple Fiscal Stress Testing Model: Case Studies of Austrian, Czech and German Economies
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper develops a simple model-based framework for stress testing fiscal consolidation strategies under different scenarios of future shocks. A baseline scenario assuming a gradual debt consolidation is presented and by assuming different future developments (e.g. lower potential growth) and/or model specification in terms of a fiscal rule...
