Cavallo, Antonella; Ribba, Antonio; Dallari, Pietro - 2018
expansions in the small Euro-area open economies affected by high public and private debt. It is shown that the macroeconomic … outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece … Debt Euro Area Countries -- 5 A Further Look To Macroeconomic Outcomes of Fiscal Austerity in High Debt Countries -- 6 Can …