NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

"Fiscal Devaluation" and Fiscal Consolidation: The VAT in Troubled Times

Ruud de Mooij, Michael Keen

Chapter in NBER book Fiscal Policy after the Financial Crisis (2013), Alberto Alesina and Francesco Giavazzi, editors (p. 443 - 485)
Conference held December 12-13, 2011
Published in June 2013 by University of Chicago Press
© 2013 by the National Bureau of Economic Research

---- Acknowledgements -----

The views expressed in this paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy, nor those of the National Bureau of Economic Research. We are grateful to Carlo Cottarelli, Alexander Klemm, Daniel Leigh, Jim Poterba, Mick Thackray, Leon Bettendorf and participants in the NBER Conference “Fiscal Policy after the Financial Crisis” for useful comments and suggestions and Oana Luca for helpful research assistance.

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