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We assess the business cycle synchronization features of aggregate output in the 27 EU countries using annual data for …
Persistent link: https://www.econbiz.de/10013135661
We assess the cyclicality of fiscal policy in the 19 Euro area countries, notably during recessions, for the period 1995-2020. We use a time-varying measure of fiscal cyclicality to describe fiscal policy developments. The results suggest that during recessions discretionary fiscal policy...
Persistent link: https://www.econbiz.de/10013321855
Persistent link: https://www.econbiz.de/10011571155