Expansionary fiscal consolidations : theoretical underpinnings and their implications for the eurozone.
Tipo de material:
ArtículoIdioma: Español ISSN: - 02775921
Contenidos:
En: Contributions to political economyResumen: This paper deals with theoretical foundations justifying alleged expansionary effects of fiscal consolidations.
NKV theoretical foundations and the relevance of the policy mix, 23 ; Fiscal consolidations under a binder zero lower bound on nominal interest rates, 26 ; Why expansionary fiscal consolidations cannot take place in the eurozone, 27 ; Conclusion, 31
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Bibliografía : páginas 31-33.
The debate between the NKV and the KV in a historical perspective, 20 ; NKV theoretical foundations and the relevance of the policy mix, 23 ; Fiscal consolidations under a binder zero lower bound on nominal interest rates, 26 ; Why expansionary fiscal consolidations cannot take place in the eurozone, 27 ; Conclusion, 31
This paper deals with theoretical foundations justifying alleged expansionary effects of fiscal consolidations.
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