Economides, George; Papageorgiou, Dimitris; … - In: CESifo Economic Studies 59 (2013) 3, pp. 536-558
We study the aggregate and distributional implications of a smaller public sector in the euro area. By a smaller public sector, we mean a reduction in public debt over time and/or cuts in public spending, when such changes in fiscal policy are accommodated by adjustment in various taxes....
