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Fiscal consolidation in a small euro-area economy

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Improving competition in the non-tradable goods and labour markets : the Portuguese case

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Unpleasant debt dynamics : can fiscal consolidations raise debt ratios?

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Aging and fiscal sustainability in a small Euro Area economy

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Fiscal Consolidation in a Small Euro-Area Economy

Almeida, Vanda - 2020

This article focuses on macroeconomic impacts and welfare effects of a fiscal consolidation process in a small euro-area economy. Fiscal consolidation is defined as a permanent decline in the ratio of public debt to GDP. The analysis is based on PESSOA, a New Keynesian general equilibrium model...

Persistent link: https://www.econbiz.de/10012840144