Párraga Rodríguez, Susana - In: SERIEs - Journal of the Spanish Economic Association 14 (2023) 1, pp. 1-28
This paper estimates the aggregate effects of government income transfers shocks for a sample of EU countries. I construct a new measure of transfers shocks based on a dataset by public finance experts of the European System of Central Banks (ESCB). The identification strategy consists of a...