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The Economic Policy of Fiscal Consolidations: The European Experience

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Author Info

  • Zaghini, A.

Abstract

This paper investigates the relationship between fiscal contractions, permanent improvements in public finances and short-run economic performance.

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Bibliographic Info

Paper provided by Banca Italia - Servizio di Studi in its series Papers with number 355.

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Length: 45 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:banita:355

Contact details of provider:
Postal: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy.
Web page: http://www.bancaditalia.it/
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Related research

Keywords: FISCAL POLICY ; PUBLIC FINANCE;

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Cited by:
  1. Anton Burger & Martin Zagler, 2007. "Reasons for the U.S. growth period in the nineties: non-keynesian effects, asset wealth and productivity," Department of Economics Working Papers wuwp095, Vienna University of Economics, Department of Economics.
  2. Martin Larch & Alessandro Turrini, 2011. "Received Wisdom and Beyond: Lessons from Fiscal Consolidation in the EU," National Institute Economic Review, National Institute of Economic and Social Research, vol. 217(1), pages R1-R18, July.
  3. Jérôme Creel & Bruno Ducoudre & Catherine Mathieu & Henri Sterdyniak, 2005. "Doit-on oublier la politique budgétaire? Une analyse critique de la nouvelle théorie anti-keynésienne des finances publiques," Sciences Po publications info:hdl:2441/1769, Sciences Po.
  4. repec:spo:wpecon:info:hdl:2441/1769 is not listed on IDEAS
  5. Siviero, S. & Terlizzese, D. & Visco, I., 1999. "Are Model-Based Inflation Forecasts Used in Monetary Policymaking? A Case Study," Papers 357, Banca Italia - Servizio di Studi.
  6. António Afonso & Christiane Nickel & Philipp C. Rother, 2006. "Fiscal Consolidations in the Central and Eastern European Countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 142(2), pages 402-421, July.
  7. António Afonso, 2001. "Non-Keynesian Effects of Fiscal Policy in the EU-15," Working Papers Department of Economics 2001/07, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  8. Hjelm, Goran, 2002. "Is private consumption growth higher (lower) during periods of fiscal contractions (expansions)?," Journal of Macroeconomics, Elsevier, vol. 24(1), pages 17-39, March.
  9. Tom Verbeke & M. De Clercq, 2003. "The income-environment relationship: Does a logit model offer an alternative empirical strategy?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 03/192, Ghent University, Faculty of Economics and Business Administration.
  10. Anton Burger & Martin Zagler, 2008. "US growth and budget consolidation in the 1990s: was there a non-Keynesian effect?," International Economics and Economic Policy, Springer, vol. 5(1), pages 225-235, July.
  11. Hjelm, Göran & Johansson, Martin W, 2002. "Structural Change in Fiscal Policy and The Permanence of Fiscal Contractions - The Case of Denmark and Ireland," Working Papers 2002:11, Lund University, Department of Economics.
  12. Mourao, Paulo & Rodrigues, Carlos, 2007. "Abordagens da despesa pública nos últimos vinte anos
    [Twenty years of Perspectives on Public Expenditures]
    ," MPRA Paper 3416, University Library of Munich, Germany.
  13. Maria Gabriella Briotti, 2005. "Economic reactions to public finance consolidation - a survey of the literature," Occasional Paper Series 38, European Central Bank.

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