Fiscal consolidations: welfare effects of the adjustment speed
This work studies the response of social welfare to fiscal consolidations, by focusingon a less debated characteristic of fiscal plans: the speed of deleveraging. A neo-classical overlapping generations model is calibrated to the German economy, anda sequence of reductions of the same size in the de...
Main Author: | |
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Format: | masterThesis |
Language: | eng |
Published: |
2020
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Subjects: | |
Online Access: | http://hdl.handle.net/10362/104271 |
Country: | Portugal |
Oai: | oai:run.unl.pt:10362/104271 |