Long-term effects of fiscal stimulus and austerity in Europe
"We analyze whether there are negative (positive) long-term effects of austerity measures (stimulus measures) on potential output growth. Based on the approach of Blanchard and Leigh (2013) and Fatás and Summers (2016) and using a novel dataset of narratively identified fiscal policy shocks, we...
Main Authors: | Gechert, Sebastian, Horn, Gustav A., Paetz, Christoph |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | German |
Published: |
Düsseldorf
2017
IMK |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19287325124910055079-Long-term-effects-of-fiscal-st.htm |
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