Blot, Christophe; Cochard, Marion; Creel, Jérôme; … - In: Panoeconomicus 61 (2014) 1, pp. 39-57
EMU countries have engaged in fiscal consolidation since 2011. This strategy has proven to be costly in terms of GDP. This cost has been amplified by the fact that fiscal multipliers are high in time of crisis, as recently stressed by the literature. Within this context, we wonder whether there...
