flag flag  

Expansionary fiscal consolidations in Europe: new evidence

Author(s) : Afonso, António
Description : 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...
Language(s) : English
Subject(s) : fiscal policy , expansionary fiscal consolidations , non-Keynesian effects , panel data models , European Union
Publisher(s) : ISEG – Departamento de Economia
Contributor(s) :
Source(s) :
Publication Date(s) : 2010-12-09