This paper analyzes German and Spanish fiscal policy using simple policy rules. We choose Germany and Spain, as both … and Spain generally exhibit a positive relationship between government revenues and debt. Using Markov …

stabilized incomes in particular in Cyprus, Estonia, Greece, Ireland, Portugal and Spain whereas Austria, Germany and the …

On the one hand, every official document about fiscal policy in Spain, and most orthodox academic papers argue that … Spain has no "fiscal space" and that it should apply resolute actions to assure budget consolidation. On the other hand …, Spain also had the second highest unemployment rate in the Eurozone in 2015: 21% of the active population. A rapid decline …

On the one hand, every official document about fiscal policy in Spain, and most orthodox academic papers argue that … Spain has no "fiscal space" and that it should apply resolute actions to assure budget consolidation. On the other hand …, Spain also had the second highest unemployment rate in the Eurozone in 2015: 21% of the active population. A rapid decline …

have made it deeper and longer in Spain than in previous instances, and which have meant that there are significant … structure of goods and factor markets and the behavior of economic agents in Spain to the requirements imposed by membership of …

imbalances. After describing the build-up of fiscal and macroeconomic imbalances in Spain during the period 1995-2007, we first …

The fiscal consolidation efforts of Spain, Italy, and Portugal from 2010 to 2014 did not achieve their goal of reducing …. The sharp decrease in private household debt played a key role, especially in Spain. It weakened private consumption, and …