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Mistakes in the Fiscal Policy in Spain before the Crisis

Ferreiro, Jesús; Gómez, Carmen; Serrano, Felipe - In: Panoeconomicus 60 (2013) 5, pp. 577-592

The paper analyses the mistakes made in the management of the fiscal policy in Spain before the crisis. The authors argue that the low size of the public expenditures, the adoption of a procyclical expansionary fiscal policy the years before the crisis, and the lack of a correct coordination...

Persistent link: https://www.econbiz.de/10011134492