Showing 1 - 10 of 84
Persistent link: https://www.econbiz.de/10013348881
Persistent link: https://www.econbiz.de/10012263292
Persistent link: https://www.econbiz.de/10009696320
Persistent link: https://www.econbiz.de/10009702582
Persistent link: https://www.econbiz.de/10009657488
Persistent link: https://www.econbiz.de/10009713158
Persistent link: https://www.econbiz.de/10003360921
Persistent link: https://www.econbiz.de/10001574544
How much did fiscal policy contribute to euro area real GDP growth during the Great Recession? We estimate that discretionary fiscal measures have increased annualized quarterly real GDP growth during the crisis by up to 1.6 percentage points. We obtain our result by using an extended version of...
Persistent link: https://www.econbiz.de/10013108718
The paper presents a model-based assessment of fiscal multipliers operating in the euro area during the period 2011-2014. The assessment is conditional on two distinct reactions of the sovereign risk premium (either responding endogenously to fiscal shocks or being an exogenous process) and two...
Persistent link: https://www.econbiz.de/10012963411