Fiscal consumption and private consumption in Europe: what have we learned?
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Título
Fiscal consumption and private consumption in Europe: what have we learned?Fecha de publicación
2022Editor
Taylor and FrancisISSN
1350-4851; 1466-4291Cita bibliográfica
Cuestas, Juan Carlos & Monfort, Mercedes (2023) Fiscal consumption and private consumption in Europe: what have we learned?, Applied Economics Letters, 2023, 30, 14, 1930-1935. DOI: 10.1080/13504851.2022.2083765Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://www.tandfonline.com/doi/abs/10.1080/13504851.2022.2083765Versión
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Resumen
In this paper we contribute to the long literature on how fiscal policy affects the real economy. In particular, we focus on how government consumption affects private consumption for a pool of European economies. We ... [+]
In this paper we contribute to the long literature on how fiscal policy affects the real economy. In particular, we focus on how government consumption affects private consumption for a pool of European economies. We estimate panel vector error correction models between the two consumption variables for the EU 28 + Norway and Switzerland, for the two periods before and after 2008. The results show that government consumption affects private consumption differently in the periods before and after 2008. This means an increase in government consumption could have a positive impact on private consumption. [-]
Publicado en
Applied Economics Letters, 30, 14 (2023)Entidad financiadora
Generalitat Valenciana | Universitat Jaume I
Código del proyecto o subvención
AICO2021/005 | UJI-B2020-16
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