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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| Formato: | workingPaper |
| Idioma: | eng |
| Publicado em: |
2019
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| Texto completo: | http://hdl.handle.net/10400.5/18432 |
| País: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/18432 |