Fiscal episodes in the economic and monetary union: 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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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Leal, Frederico Silva (author)
Formato: article
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/25493
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25493