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Fiscal consolidation and its growth effects in euro area countries : past, present and future outlook

Heimberger, Philipp - 2024

This paper is about fiscal consolidation measures (i.e. tax hikes and government spending cuts motivated by a desire to reduce the fiscal deficit and public debt) in euro area (EA) countries. The focus is on analysing the growth effects of fiscal adjustments as well as their implications for...

Persistent link: https://www.econbiz.de/10015076372

Public Investment Multipliers in EU Countries : Does the Efficiency of Public Sector Matter?

Papaioannou, Sotiris - 2016

This study examines whether differences in public sector efficiency are associated with diverging effects of public investment on growth. At first stage, we estimate public investment multipliers for each country of the European Union (EU). Their size varies considerably across countries. Then...

Persistent link: https://www.econbiz.de/10012996027

Successful Austerity in the United States, Europe and Japan

Batini, Nicoletta - 2012

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract their stimulus measures in an effort to regain market confidence. Using regime-switching VARs we...

Persistent link: https://www.econbiz.de/10013098618

Fiscal Multipliers in the Euro Area

Burriel, Pablo - 2012

In a standard linear structural VAR framework we analyse the size and sign of fiscal multipliers in the euro area, using a newly available quarterly dataset of fiscal variables for the period 1981-2007. From a policy perspective, the analysis of fiscal multipliers in “average times” provides...

Persistent link: https://www.econbiz.de/10013112389

The impact of transportation on the Croatian economy : the input-output approach

Vukić, Luka; Mikulić, Davor; Keček, Damira - In: Economies : open access journal 9 (2021) 1/7, pp. 1-16

transport sector. Furthermore, comparative multiplier analysis with selected European Union countries was performed to assess …

Persistent link: https://www.econbiz.de/10012422287

When Does it Pay to Tax? Evidence from State-Dependent Fiscal Multipliers in the Euro Area

Hondroyiannis, George B.; Papaoikonomou, Dimitrios - 2022

The impact of fiscal policy on economic growth is investigated within a panel of euro area member states over the period 2004-2011. We mainly consider fiscal impulses identified by (a) changes in the structural primary balance, complemented by evidence from (b) the IMF narrative shocks developed...

Persistent link: https://www.econbiz.de/10014079017

The Impact of r-g on the Euro-Area Government Spending Multiplier

Di Serio, Mario; Fragetta, Matteo; Melina, Giovanni - 2021

-called r-g. Whether the fiscal shock occurs when r-g is positive or negativematters for the size of the multiplier. Median … multiplier is inversely correlated with r-g. The calculationsare based on the estimates of a factor-augmented interacted panel …

Persistent link: https://www.econbiz.de/10013243042

Fiscal spending multiplier calculations based on input-output tables – with an application to EU members

Pusch, Toralf; Rannenberg, Ansgar - 2011

Fiscal spending multiplier calculations have been revived in the aftermath of the global financial crisis. Much of the … multiplier for EU members. Multipliers for specific spending categories are comparably high, ranging between 1.4 and 1.8 for many … react in an expansionary manner. -- Fiscal spending multiplier calculation ; Input-Output calculus ; incomeexpenditure model …

Persistent link: https://www.econbiz.de/10009126063

Econometric analysis of European carbon dioxide emissions based on rectangular supply-use tables

Rueda-Cantuche, José M. - In: Economic systems research : journal of the … 23 (2011) 3, pp. 261-280

Persistent link: https://www.econbiz.de/10009316919

Fiscal spending multiplier calculations based on input-output tables : an application to EU member states

Pusch, Toralf - In: Intervention : european journal of economics and … 9 (2012) 1, pp. 129-144

Persistent link: https://www.econbiz.de/10009675139