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Fiscal space on the Eurozone peripery : the case of Spain
Uxó González, Jorge; Álvarez Peralta, Nacho; … - 2017
On the one hand, every official document about fiscal policy in Spain, and most orthodox academic papers argue that … Spain has no "fiscal space" and that it should apply resolute actions to assure budget consolidation. On the other hand …, Spain also had the second highest unemployment rate in the Eurozone in 2015: 21% of the active population. A rapid decline …
Persistent link: https://www.econbiz.de/10011595916
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Deficits, public debt dynamics, and tax and spending multipliers
Denes, Matthew; Eggertsson, Gauti B.; Gilbukh, Sophia - 2012
Cutting government spending on goods and services increases the budget defi cit if the nominal interest rate is close to zero. This is the message of a simple but standard New Keynesian DSGE model calibrated with Bayesian methods. The cut in spending reduces output and thus - holding rates for...
Persistent link: https://www.econbiz.de/10009526845
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Could the recession have been shortened in Romania after the 2009 crisis? : a short answer given by fiscal multipliers during recessions
Soviani, Radu - In: International journal of economics and finance 7 (2015) 11, pp. 170-177
Persistent link: https://www.econbiz.de/10011401336
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The discretionary fiscal effort : an assessment of fiscal policy and its output effect
Carnot, Nicolas; Castro, Francisco de - 2015
Persistent link: https://www.econbiz.de/10010516733
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Back to fiscal consolidation in Europe and its dual tradeoff : now or later, through spending cuts or tax hikes
Blot, Christophe; Creel, Jérôme; Ducoudré, Bruno; … - 2015
Persistent link: https://www.econbiz.de/10011305313
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Self-defeating austerity? : evidence from 1930s' Britain
Crafts, Nicholas; Mills, Terence C. - In: European review of economic history 19 (2015) 2, pp. 109-127
Persistent link: https://www.econbiz.de/10011309119
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Do government spending multipliers depend on the level of government debt? : US historical data evidence
Kim, Wongi - In: Applied economics letters 22 (2015) 7/9, pp. 668-672
Persistent link: https://www.econbiz.de/10010529343
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How big (small?) are fiscal multipliers?
Ilzetzki, Ethan; Mendoza, Enrique G.; Végh, Carlos A. - In: Journal of monetary economics 60 (2013) 2, pp. 239-254
Persistent link: https://www.econbiz.de/10009745157
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Deficits, public debt dynamics and tax and spending multipliers
Denes, Matthew; Eggertsson, Gauti B.; Gilbukh, Sophia - In: The economic journal : the journal of the Royal … 123 (2013) 566, pp. 133-163
Persistent link: https://www.econbiz.de/10009754538
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Fiscal stimulus: an overlapping generations analysis
Guest, Ross; Makin, Anthony John - In: Economic issues 17 (2012) 2, pp. 1-25
Persistent link: https://www.econbiz.de/10009710152