Golinelli, Roberto; Mammi, Irene; Musolesi, Antonio - 2018 - This version: March 31st, 2018
A number of novelties have emerged in the study of the discretionary fiscal policy within the Euro area during the last … period 1996-2016, we investigate whether the fiscal policy reaction function is still a benchmark after the Great Recession … Recession, the introduction of cutting-edge econometric methods, and a renewed interest about the sustainability of fiscal …