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...

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Bibliographic Details
Main Author: Fonseca, Miguel Ângelo De Sá Monteiro Da (author)
Format: masterThesis
Language:eng
Published: 2020
Subjects:
Online Access:http://hdl.handle.net/10362/104271
Country:Portugal
Oai:oai:run.unl.pt:10362/104271