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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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Martins, Luis (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/23951
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/23951