Cuaresma, Jesus Crespo; Reitschuler, Gerhard; Silgoner, … - In: Applied Economics 43 (2009) 9, pp. 1079-1086
The smoothing impact of fiscal stabilizers (proxied by government expenditures) on business cycle volatility is studied for a panel of European Union (EU) countries in the period 1970-1999. Special emphasis is put on the investigation of possible nonlinearities in the relationship between Gross...