ROMERO-AVILA, DIEGO - In: Manchester School 74 (2006) 3, pp. 360-388
This paper investigates the long-run link between levels of output and fiscal policies from a neoclassical perspective for a sample of 19 OECD countries over the period 1970-98. As a departure from previous studies, we take explicit note of the time-series properties of the output, inputs and...