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Estimation of a fiscal policy rule for EMU countries (1984-2005)

Garcia, Agustin; Arroyo, M.J.; Minguez, R.; Uxo, J. - In: Applied economics 41 (2009) 7-9, pp. 869-884

Persistent link: https://www.econbiz.de/10008250725

Estimation of a fiscal policy rule for EMU countries (1984-2005)

Garcia, Agustin; Arroyo, M.J.; Minguez, R.; Uxo, J. - In: Applied economics 41 (2009) 7, pp. 869-884

Persistent link: https://www.econbiz.de/10008213914

Estimation of a fiscal policy rule for EMU countries (1984-2005)

Garcia, Agustin; Arroyo, M. J.; Minguez, R.; Uxo, J. - In: Applied Economics 41 (2009) 7, pp. 869-884

The primary objective of this article is to estimate a fiscal policy rule for each of the EMU member States from 1984 to 2005 in order to know if there has been a systematic response of the cyclically adjusted primary balance to output gap and debt level variations. Also, we aim to discover...

Persistent link: https://www.econbiz.de/10005470873