Publicação
Assessing Fiscal Episodes
| dc.contributor.author | Afonso, António | |
| dc.contributor.author | Jalles, João Tovar | |
| dc.date.accessioned | 2011-11-16T15:51:49Z | |
| dc.date.available | 2011-11-16T15:51:49Z | |
| dc.date.issued | 2011 | |
| dc.description.abstract | In an OCDE panel, for the period 1970-2010, we assess the effects of fiscal consolidation episodes, with four different definitions. Our results reveal that lower final government consumption would increase private consumption in three out of the four approaches, when there is a fiscal consolidation, and the debt ratio is above the cross-country average. The change in the cyclically adjusted primary balance and the duration of the consolidation episode contribute for the success of the consolidation, and the opposite applies if the latter is more based on the revenue side. Finally, the effects of social transfers on private investment tend to be negative. | por |
| dc.description.sponsorship | UECE is supported by FCT (Fundação para a Ciência e a Tecnologia, Portugal) | por |
| dc.identifier.citation | Afonso, António, João Tovar Jalles. 2011. "Assessing fiscal episodes". Instituto Superior de Economia e Gestão - DE Working papers nº 15-2011/DE/UECE | por |
| dc.identifier.issn | 0874-4548 | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/3584 | |
| dc.language.iso | eng | por |
| dc.publisher | ISEG. Departamento de Economia | por |
| dc.relation.ispartofseries | DE/ Working papers nº 15-2011/DE/UECE | |
| dc.subject | Fiscal Consolidation | por |
| dc.subject | Non-Keynesian Effects | por |
| dc.subject | Panel Data | por |
| dc.subject | Logit | por |
| dc.title | Assessing Fiscal Episodes | por |
| dc.type | working paper | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | por |
| rcaap.type | workingPaper | por |