The (non-)Keynesian effects of fiscal austerity: New evidence from a large sample

We empirically assess whether the negative response of private consumption and private investment to fiscal consolidation usually expected is reversed. We focus on a sample of 174 countries between 1970 and 2018 to determine episodes of fiscal consolidations using three alternative measures of the c...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Alves, José (author), Jalles, José Tovar (author)
Formato: article
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/25394
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25394