Afonso, António; Grüner, Hans Peter; Kolerus, Christina - ISEG - School of Economics and Management, Department … - 2010
In this paper we assess to what extent in the existence of a financial crisis, government spending can contribute to mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel analysis for a set of OECD and non-OECD countries for the...
