Expansionary fiscal consolidations in Europe: new evidence

In order to assess the existence of expansionary fiscal consolidations in Europe, panel data models for private consumption are estimated for the EU15 countries, using annual data over the period 1970-2005. Three alternative approaches to determine fiscal episodes are used, and the level of governme...

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Bibliographic Details
Main Author: Afonso, António (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
Fiscal Policy
Expansionary Fiscal Consolidations
Non-Keynesian Effects
Panel Data Models
European Union
Online Access:http://hdl.handle.net/10400.5/2640
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/2640

Internet

http://hdl.handle.net/10400.5/2640

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