Giavazzi, Francesco; Jappelli, Tullio; Pagano, Marco; … - Centro Studi di Economia e Finanza (CSEF) - 2005
Data revisions and the availability of a longer sample offer the opportunity to reconsider the empirical findings that suggest that in the OECD countries national saving responds non-monotonically to fiscal policy. The paper confirms that the circumstance most likely to give rise to a...