Bonin, Holger; Abio, Gemma; Berenguer, Eduardo; Gil, Joan; … - Institute for the Study of Labor (IZA) - 2001
According to the 2001 Spanish budgetary previsions, the government deficit is about to disappear. We analyse this matter within a generational accounting framework. Accounting for the recent expansive phase of the economic cycle, we find that current fiscal policy is also intertemporally...
