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The long term negative relationship between public deficit and structural unemployment : an empirical study of OECD countries ; 1980 - 2009

Fedeli, Silvia; Forte, Francesco; Ricchi, Ottavio - In: Atlantic economic journal : AEJ 43 (2015) 1, pp. 39-54

Persistent link: https://www.econbiz.de/10010517117

The Long Term Negative Relationship Between Public Deficit and Structural Unemployment: An Empirical Study of OECD Countries (1980–2009)

Fedeli, Silvia; Forte, Francesco; Ricchi, Ottavio - In: Atlantic Economic Journal 43 (2015) 1, pp. 39-54

<Para ID="Par1">With the new European fiscal compact, fiscal rules requiring balanced budgets net of the annual cyclical component have been introduced to limit growth in the ratio of debt to GDP. The objection may arise that such rules would have an adverse effect, especially in the long run on employment and...</para>

Persistent link: https://www.econbiz.de/10011241996