IMF-更新的基于行动的财政整合数据集（英）

An Updated Action-based Dataset of Fiscal Consolidation Gustavo Adler, Cian Allen, Giovanni Ganelli, and Daniel Leigh WP/24/210 IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. 2024 SEP* An earlier version of this database was used for analysis in IMF (2021) and IMF (2023).© 2024 International Monetary Fund WP/24/210IMF Working Paper Western Hemisphere Department and Research Department An Updated Action-based Dataset of Fiscal Consolidation Prepared by Gustavo Adler, Cian Allen, Giovanni Ganelli, and Daniel Leigh* Authorized for distribution by Jaewoo Lee and Daniel Leigh September 2024IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. This paper presents a dataset of fiscal consolidation for 17 OECD economies during 1978-2020 and 14 economies in Latin America and the Caribbean during 1989-2020. We focus on discretionary changes in taxes and government spending primarily motivated by a desire to reduce the budget deficit and not by a response to prospective economic conditions. To identify the motivation and budgetary impact of the fiscal policy changes, we examine contemporaneous policy documents, including central bank reports, Convergence Programmes and Stability Programmes submitted by the authorities to the European Commission, and IMF and OECD reports. The resulting series can be used to estimate the macroeconomic effects of fiscal consolidation. RECOMMENDED CITATION: Adler, Gustavo, Cian Allen, Giovanni Ganelli, and Daniel Leigh. 2024. “An Updated Action-based Dataset of Fiscal Consolidation.” IMF Working Paper No. 24/210. JEL Classification Numbers: E62, H20, H5, H6 Keywords: Fiscal policy; taxation; government expenditure Authors’ E-Mail Addresses: gadler@imf.org; callen@imf.org; gganelli@imf.org; dleigh@imf.org WORKING PAPERS An Updated Action-based Dataset of Fiscal Consolidation Prepared by Gustavo Adler, Cian Allen, Giovanni Ganelli, Daniel Leigh IMF WORKING PAPERS An Updated Action-based Dataset of Fiscal Consolidation INTERNATIONAL MONETARY FUND 2 Contents I. Introduction ...................................................................................................................................................... 3 II. Methodology .................................................................................................................................................... 3 Motivation of Measures .................................................................................................................................. 3 Budgetary Effec