Expansionary fiscal consolidations in Europe: new evidence

Antonio Afonso

Applied Economics Letters, 2010, vol. 17, issue 2, 105-109

Abstract: Using alternative approaches to determine fiscal episodes, I assess expansionary fiscal consolidations in Europe, via panel models for private consumption. There is some concurring evidence for several budgetary spending items while the asymmetric effects of fiscal episodes do not seem to be corroborated by the results.

Date: 2010
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Working Paper: Expansionary fiscal consolidations in Europe: new evidence (2006)
Working Paper: Expansionary fiscal consolidations in Europe: new evidence (2006)
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DOI: 10.1080/13504850701719892

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