Burriel, Pablo; Fernández, Francisco de Castro; … - In: Revista de Economía y Estadística XLVIII (2010) 2, pp. 7-27
In a standard linear structural VAR framework we analyse the size and sign of fiscal multipliers in the euro area, using a newly available quarterly dataset of fiscal variables for the period 1981-2007. From a policy perspective, the analysis of fiscal multipliers in "average times" provides...