Fiscal Multipliers in the Euro Area
In a standard linear structural VAR framework we analyse the size and signof fi scal multipliers in the euro area, using a newly available quarterly datasetof fi scal variables for the period 1981-2007. From a policy perspective,the analysis of fi scal multipliers in “average times” provides insight...
Guardado en:
Autores principales: | , , , , , |
---|---|
Formato: | Artículo revista |
Lenguaje: | Inglés |
Publicado: |
Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
2010
|
Materias: | |
Acceso en línea: | https://revistas.unc.edu.ar/index.php/REyE/article/view/4105 |
Aporte de: |
Sumario: | In a standard linear structural VAR framework we analyse the size and signof fi scal multipliers in the euro area, using a newly available quarterly datasetof fi scal variables for the period 1981-2007. From a policy perspective,the analysis of fi scal multipliers in “average times” provides insights on theimpact of both fi scal stimulus and fi scal consolidation measures, provided“good” and “bad” times are on average similar. |
---|