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The output effect of fiscal consolidations

Alesina, Alberto; Favero, Carlo A.; Giavazzi, Francesco - 2013 - This version: May, 2013

Persistent link: https://www.econbiz.de/10011814177

The output effect of fiscal consolidations

Alesina, Alberto; Favero, Carlo A.; Giavazzi, Francesco - 2012 - This version: August, 2012

Persistent link: https://www.econbiz.de/10011817841

The output effect of fiscal consolidation plans

Alesina, Alberto; Favero, Carlo A.; Giavazzi, Francesco - In: Journal of international economics 96 (2015), pp. 19-42

Persistent link: https://www.econbiz.de/10011387743

The output effect of fiscal consolidation plans

Alesina, Alberto; Favero, Carlo A.; Giavazzi, Francesco - 2014 - This version: October 2014

We show that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of a multi year fiscal plan rather than of individual fiscal shocks. Simulation of fiscal plans adopted by 16 OECD countries over a 30-year period supports the hypothesis that the effects of...

Persistent link: https://www.econbiz.de/10010463614