Agnello, Luca; Furceri, Davide; Sousa, Ricardo - In: Open Economies Review 24 (2013) 1, pp. 79-100
crowding-in effects in the short run, crowding-out effects take over in the medium run. In addition, we also find that both … short-term crowding-in and medium-term crowding out effects are amplified once we control for periods of crisis. Copyright …