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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Eklou, Kodjovi
Övriga upphovsmän: Fall, Mamour
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2020.
Serie:IMF Working Papers; Working Paper ; No. 2020/005
Länkar:Full text available on IMF