The (Subjective) Well-Being Cost of Fiscal Policy Shocks /

Do discretionary spending cuts and tax increases hurt social well-being? To answer this question, we combine subjective well-being data covering over half a million of individuals across 13 European countries, with macroeconomic data on fiscal consolidations. We find that fiscal consolidations reduc...

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Hlavní autor: Eklou, Kodjovi
Další autoři: Fall, Mamour
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2020.
Edice:IMF Working Papers; Working Paper ; No. 2020/005
On-line přístup:Full text available on IMF