Švéda, Josef; Baxa, Jaromír; Geršl, Adam - 2022
fiscal consolidation is statistically significant, namely in the post-crisis period since the Draghi's "whatever it takes … database, and then, depending on their tone, they are classified as hawkish or dovish. We show that announcements of fiscal … consolidation decrease the spreads-however, the full-sample result masks substantial time and country variation. The impact of …