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Fiscal austerity in ambiguous times
Ferrière, Axelle; Karantounias, Anastasios G. - 2016
no rationale for either reduction or further accumulation of public debt. In contrast, ambiguity about the cycle can … generate optimal policies that resemble "austerity" measures. Optimal policy prescribes front-loaded fiscal consolidations and …
Persistent link: https://www.econbiz.de/10011446558
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When is discretionary fiscal policy effective?
Fazzari, Steven M.; Morley, James C.; Panovska, Irina - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 25 (2021) 4, pp. 229-254
Persistent link: https://www.econbiz.de/10012657688
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Government deficit shocks and Okun's coefficient volatility : new insights on the austerity versus growth debate
Binh Thai Pham; Sala, Hector - 2019
and USA in between. Policy wise, we claim that austerity policies may have unexpected adverse effects on job creation if …
Persistent link: https://www.econbiz.de/10012054782
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The fall in UK potential output due to the financial crisis : a much bigger estimate
Crafts, Nicholas - 2019
Persistent link: https://www.econbiz.de/10012161811
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The fall in UK potential output due to the financial crisis : a much bigger estimate
Crafts, Nicholas - 2019
Persistent link: https://www.econbiz.de/10012040012
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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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Fiscal episodes, technological progress and market power
Afonso, António; Jalles, João Tovar - 2015
Persistent link: https://www.econbiz.de/10011549831
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - 2014
Persistent link: https://www.econbiz.de/10011554870
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Monetary developments and expansionary fiscal consolidations : evidence from the EMU
Afonso, António; Martins, Luís - In: International journal of finance & economics : IJFE 21 (2016) 3, pp. 247-265
Persistent link: https://www.econbiz.de/10011560506
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Fiscal policy dynamics under a consolidation constraint : evidence from a sign-restricted SVAR with orthogonalized business cycle and monetary policy for Australia
Inchauspe, Julian - In: Applied economics 53 (2021) 34, pp. 3992-4016
Persistent link: https://www.econbiz.de/10012589552