Campiglio, Luigi Pierfranco - Dipartimenti e Istituti di Scienze Economiche, … - 2015
as the main imbalances and identify consumption and investment slumps, prompted by fiscal consolidation, as the causes … and current account rebalance and low inflation as the main consequences. Our main results are the following: a) public … investment is the main policy instrument which can foster employment, prompting private investment and growth, exports can only …