Afonso, António; Grüner, Hans Peter; Kolerus, Christina - 2010
using a variation of controls, sub-samples and specifications. - Fiscal policy ; financial crisis ; growth ; OECD ; EU …In this paper we assess to what extent in the existence of a financial crisis, government spending can contribute to … mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel …