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spreads for 26 emerging and advanced economies and estimate the effects of cuts of government consumption on yield spreads and …
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This paper introduces the Consumer Expectations Survey (CES), a new online, high frequency panel survey of euro area consumers' expectations and behaviour. The paper also investigates whether public perceptions about fiscal support measures introduced during the pandemic have influenced spending...
Persistent link: https://www.econbiz.de/10012818792
Closely following the seminal contribution of Jappelli and Pistaferri (2014) - based on Italian household survey data - we employ data of 22 European countries to assess the role of heterogeneity of the marginal propensity to consume (MPC) for fiscal policy in the Euro area. We document an...
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period on private consumption. Thereby, we also take the specific context of the transition towards EMU explicitly into …
Persistent link: https://www.econbiz.de/10001623586
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consumption are estimated for the EU15 countries, using annual data over the period 1970–2005. Three alternative approaches to … government final consumption, social transfers, and taxes), depending on the specification and on the time span used. On the …
Persistent link: https://www.econbiz.de/10013110794
period on private consumption. Thereby, we also take the specific context of the transition towards EMU explicitly into …
Persistent link: https://www.econbiz.de/10013320781