Credit and the transmission of fiscal policy shocks: Recent evidence from Greece

Athanasios Tagkalakis

Economics Letters, 2014, vol. 122, issue 2, 263-267

Abstract: Based on the SVAR approach we examine the importance of credit for the transmission of fiscal policy shocks in Greece. Fiscal shocks have more pronounced effects on the output when credit is constrained. Tax burden shocks have the most protracted effects.

Keywords: Fiscal shocks; Credit; Greece (search for similar items in EconPapers)
JEL-codes: E62 H30 H62 O52 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:122:y:2014:i:2:p:263-267

DOI: 10.1016/j.econlet.2013.12.001

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