This paper studies the effects of fiscal policy on GDP, prices and interest rates in 5 OECD countries, using a structural Vector Autoregression approach. Its mains results can be summarized as follows; 1) The effects of fiscal policy on GDP and its components have become substantially weaker in...

Based on new estimates of public and private capital stocks for 22 OECD countries we study the dynamic effect of public capital on the real gross domestic product using a vector autoregression approach. Whereas most former studies put effort on examining the effects of public capital in a single...

D'Albis and Boubtane provide empirical evidence on the macroeconomic and fiscal consequences of international migration for OECD countries. The authors use a panel of 19 countries over the period 1980-2015 to study the effects of increases in the net migration rate on per capita GDP and on both...