Eklou, Kodjovi M.; Fall, Mamour - 2020
consolidations. We find that fiscal consolidations reduce individual well-being in the short run, especially when they are based on … liberalization of capital flows) mitigate the well-being cost of fiscal consolidations. Finally, we investigate the well …-being consequences of the two well-knowns expansionary fiscal consolidations episodes taking place in the 80s (in Denmark and Ireland …