Biau, Olivier; Girard, Élie - In: Revue économique 56 (2005) 3, pp. 755-764
In order to estimate the effectiveness of fiscal policy in France, we estimate a structural var inspired by Blanchard and Perotti [2002]. In accordance with most large macroeconometric models, the paper testifies to the macroeconomic effectiveness of a structural increase in public spending in...