also differentiate between tax-based and savings-based fiscal consolidations and the pre-Euro and Euro periods. Our results … point towards a positive short-term effect, while the medium-term effect turns out to be negative. Savings-based fiscal … consolidations result to be less negative on the DGR evolution than tax-based ones. The Euro’s introduction seems not to have altered …

-Keynesian effects of fiscal consolidations in Eurozone countries in last decade. If the answer is positive, then could these non … the fiscal consolidations were implemented and the potential influence of consolidations strategies on short term growth …

set on fiscal consolidations. We find that standard capital adequacy ratios such as the Tier-1 ratio tend to improve …

aim of the research is to check whether can one find non-Keynesian effects of fiscal consolidations in Eurozone countries … case of Eurozone countries. The third scientific question concentrates on the ways the fiscal consolidations were … conditional convergence. Thus in case of proper construction of fiscal consolidations polices these factors can be helpful in …

In order to assess whether expansionary fiscal consolidations can be part of conventional wisdom, panel data models for … results show some evidence in favour of the existence of expansionary fiscal consolidations, for a few budgetary spending …

The paper analyzes the determinants of success of recent fiscal consolidations in the OECD countries as well as the …. The study finds that while fiscal consolidations tend to have short-run contractionary effects, they can be expansionary …