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Fiscal consumption and private consumption in Europe: what have we learned?

Author

Listed:
  • Juan Carlos Cuestas

    (IEI and Department of Economics, Universitat Jaume I, Castellón, Spain)

  • Mercedes Monfort

    (IEI and Department of Economics, Universitat Jaume I, Castellón, Spain)

Abstract

In this paper we contribute to the long literature on the effect of fiscal policy on the real economy. In particular, we focus on the effect of government consumption on private consumption for a pool of European economies. The results show that the effect is different when comparing the periods before and after 2008.

Suggested Citation

  • Juan Carlos Cuestas & Mercedes Monfort, 2022. "Fiscal consumption and private consumption in Europe: what have we learned?," Working Papers 2022/05, Economics Department, Universitat Jaume I, Castellón (Spain).
    • Handle: RePEc:jau:wpaper:2022/05
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Great Moderation; fiscal policy; crisis; private consumption;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • F15 - International Economics - - Trade - - - Economic Integration

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