Fiscal Volatility, Financial Crises and Growth

We use a panel of developed and emerging countries for the period 1970-2008 to assess how fiscal policy volatility and financial crises affect growth. We find that economic growth is lower in the presence of more volatile fiscal policy. Moreover, with a financial crisis government spending is stickier than revenue

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Year of publication:	2012
Authors:	Afonso, António
Other Persons:	Jalles, João Tovar (contributor)
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Volatilität \| Volatility \| Finanzkrise \| Financial crisis \| Wirtschaftswachstum \| Economic growth \| Theorie \| Theory \| Finanzpolitik \| Fiscal policy \| Welt \| World
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Applied Economics Letters, Vol. 19, No. 18, 2012 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2012 erstellt Volltext nicht verfügbar
Classification:	C23 - Models with Panel Data ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H50 - National Government Expenditures and Related Policies. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013104650