Monetary developments and expansionary fiscal consolidations : evidence from the EMU

This paper provides new insights about the existence of expansionary fiscal consolidations in the Economic and Monetary Union, using annual panel data for 14 European Union countries over the period 1970-2012. Different measures for assessing fiscal consolidations based on the changes in the cyclica...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Martins, Luis (author)
Format: workingPaper
Language:eng
Published: 2022
Subjects:
Online Access:http://hdl.handle.net/10400.5/23951
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/23951