Budgetary stability and structural reforms in Spain

Rafael Domenech and José Manuel González Páramo

No 17/11, Working Papers from BBVA Bank, Economic Research Department

Abstract: We analyse the fiscal policy lessons from the recent recession in the Spanish economy and the options for the future. Our results indicate that budget balance and public debt trends showed clear signs of unsustainability between 2009 and 2011, with few alternatives available other than reducing the fiscal deficit.

Keywords: Economic Analysis; Spain; Working Paper (search for similar items in EconPapers)
JEL-codes: E62 H62 H63 (search for similar items in EconPapers)
Date: 2017-05
New Economics Papers: this item is included in nep-eec, nep-mac and nep-pbe
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Persistent link: https://EconPapers.repec.org/RePEc:bbv:wpaper:17/11

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