Fiscal episodes in the EMU : elasticities and non-keynesian effects

We estimate short- and long-run elasticities of private consumption for fiscal instruments, using a Fixed Effects model for the 19-euro area countries during the period of 1960-2017, to assess how fiscal elasticities vary during fiscal episodes. According to the results, positive “tax revenue” elast...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Leal, Frederico Silva (author)
Format: workingPaper
Language:eng
Published: 2019
Subjects:
Non-Keynesian Effects
Fiscal Episodes
Fiscal policy
Fiscal Elasticities
EMU
Online Access:http://hdl.handle.net/10400.5/18432
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/18432

Internet

http://hdl.handle.net/10400.5/18432

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