Fiscal consumption and private consumption in Europe: what have we learned?

Juan Cuestas and Mercedes Monfort ()
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Mercedes Monfort: IEI and Department of Economics, Universitat Jaume I, Castellón, Spain

No 2022/05, Working Papers from Economics Department, Universitat Jaume I, Castellón (Spain)

Abstract: In this paper we contribute to the long literature on the effect of fiscal policy on the real economy. In particular, we focus on the effect of government consumption on private consumption for a pool of European economies. The results show that the effect is different when comparing the periods before and after 2008.

Keywords: Great Moderation; fiscal policy; crisis; private consumption (search for similar items in EconPapers)
JEL-codes: C22 F15 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2022
New Economics Papers: this item is included in nep-cwa and nep-mac
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Journal Article: Fiscal consumption and private consumption in Europe: what have we learned? (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:jau:wpaper:2022/05

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