Empirical Evidences

Mario Baldassarri and Francesco Busato
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Mario Baldassarri: University of Rome
Francesco Busato: Columbia University

Chapter 4 in Full Employment and High Growth in Europe, 2003, pp 51-89 from Palgrave Macmillan

Abstract: Abstract Throughout the course of the 1990s, the performances of some European economies were on average modest: low growth, high unemployment, high fiscal pressure, high government spending, financial imbalances in terms of the government deficit, and, in some countries, a worrying accumulation of national debt. Compared with a large part of the European continent that limped along for the entire decade, the American economy, as well as several European economies, recorded the longest and most sustained period of growth ever.

Keywords: Unemployment Rate; Government Expenditure; Government Spending; Full Employment; Government Budget (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3736-0_4

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DOI: 10.1057/9781403937360_4

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