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The general equilibrium effects of fiscal policy: estimates for the euro area

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  • Luca Sessa

    (Bank of Italy)

  • Libero Monteforte

    (Bank of Italy)

  • Lorenzo Forni

    (Bank of Italy)

Abstract

contribute little to the cyclical variability of the main macro variables.

Suggested Citation

  • Luca Sessa & Libero Monteforte & Lorenzo Forni, 2007. "The general equilibrium effects of fiscal policy: estimates for the euro area," 2007 Meeting Papers 352, Society for Economic Dynamics.
  • Handle: RePEc:red:sed007:352
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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy

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