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Fiscal consolidation in Europe: has it worked?

Authors :
Cuestas, Juan Carlos
Ordóñez, Javier
Source :
Applied Economics Letters; Sep2018, Vol. 25 Issue 16, p1179-1182, 4p
Publication Year :
2018

Abstract

The aim of this article is to shed some light on the issue of fiscal austerity within Europe. We focus specifically on the 2008Q1-2014Q4 period, and on the effect of shocks to government expenditure and taxes on unemployment, controlling for other macro factors. We find that expenditure contractions may be detrimental for employment. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
13504851
Volume :
25
Issue :
16
Database :
Complementary Index
Journal :
Applied Economics Letters
Publication Type :
Academic Journal
Accession number :
130292447
Full Text :
https://doi.org/10.1080/13504851.2017.1406650