Elusive counter-cyclicality and deliberate opportunism? Fiscal policy from plans to final outcomes
Drawing on the European Commission’s Autumn forecasts, I estimate fiscal reaction functions with four different information sets, ranging from budget plans to final outcomes. I also analyse deviations from plans during budget implementation. In a panel of 15 EU countries from 1987 to 2006, moving fr...
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Formato: | workingPaper |
Idioma: | eng |
Publicado em: |
2022
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Assuntos: | |
Texto completo: | http://hdl.handle.net/10400.5/23766 |
País: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/23766 |