Cross-Country Spillovers of Fiscal Consolidations in the Euro Area /

This paper revisits the issue of cross-country spillovers from fiscal consolidations using an innovative empirical methodology. We find evidence in support of fiscal spillovers in 10 euro area countries. Fiscal consolidation in one country not only reduces domestic output (direct effect), but also t...

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Bibliografski detalji
Glavni autor: Poghosyan, Tigran
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2017.
Serija:IMF Working Papers; Working Paper ; No. 2017/140
Online pristup:Full text available on IMF