Assistant Professor & Coordinator, Department of Professional Studies, Christ University, Bangalore, India E-mail: ravichandran.singh@christuniversity.in
Online published on 1 August, 2017.
Different methods are in use for the purpose of fiscal consolidation: income method, expenditure method and income-cumexpenditure method which is nothing but the use of both the methods simultaneously. This paper aims at finding which method has majorly contributed in reducing fiscal deficit in a year during a fiscal consolidation episode. This research aims at finding the most suitable method of fiscal consolidation by analyzing the events during a particular year of fiscal consolidation episodes which happened in France, Germany and USA (OECD COUNTRIES).
Fiscal Consolidation, Income Method, Expenditure Method, Consolidation Episode, OECD Countries