Fiscal consolidation in an currency union : spending cuts vs. tax hikes
Year of publication: |
2013
|
---|---|
Authors: | Erceg, Christopher J. ; Lindé, Jesper |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 37.2013, 2, p. 422-445
|
Subject: | Monetary policy | Fiscal policy | Liquidity trap | Zero bound constraint | Open economy macroeconomics | DSGE model | Haushaltskonsolidierung | Fiscal consolidation | Öffentliche Ausgaben | Public expenditure | Steuererhöhung | Tax increase | Währungsunion | Monetary union | Konjunktur | Business cycle | Liquiditätspräferenz | Liquidity preference | Dynamisches Gleichgewicht | Dynamic equilibrium | Zwei-Länder-Modell | Two-country model | Theorie | Theory |
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