Afonso, António; Sousa, Ricardo M. - 2009
, and negative effects for the U.S. and Germany; and (v) reduce
unemployment only in the U.S. On the other hand, government … and persistent
impact on the unemployment rate.
When we explicitly take into account the link between government debt …
response is positive in the case of the U.K. and Italy, and negative for the U.S. and
Germany; and (v) reduce unemployment …