欧洲扩张性财政整顿——新证据

António Afonso
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引用次数: 138

摘要

使用替代方法来确定财政事件,我通过私人消费的面板模型评估了欧洲的扩张性财政整顿。对于几个预算支出项目,有一些一致的证据,而财政事件的不对称效应似乎没有得到结果的证实。
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Expansionary Fiscal Consolidations in Europe – New Evidence
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.
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