We use a panel of developed and emerging countries for the period 1970-2008 to assess how fiscal policy volatility and financial crises affect growth. We find that economic growth is lower in the presence of more volatile fiscal policy. Moreover, with a financial crisis government spending is stickier than revenue.Research Unit on Complexity and Economics. UECE is supported by FCT (Fundação para a Ciência e a Tecnologia, Portugal)
This paper analyses the role fiscal policy plays during banking crises in supporting short-term GDP ...
The global financial crisis led to a crisis in mainstream macroeconomic theory and to questioning th...
This paper investigates the effect of fiscal policy on economic growth. Unlike the literature ...
We use a panel of developed and emerging countries for the period 1970-2008 to assess how fiscal pol...
In this paper we assess to what extent in the existence of a financial crisis, government spending c...
The study provides empirical analyses of the role of monetary and fiscal policy on economic growth d...
In this paper we assess to what extent in the existence of a financial crisis, government spending c...
We use a threshold VAR analysis to study whether the effects of fiscal policy on economic activity d...
This paper investigates the determinants of the volatility of fiscal policy discretion. Using a li...
We use a threshold VAR analysis to study whether the effects of fiscal policy on economic activity d...
The economic transition after 1990’s from socialism toward free market economy has changed the role...
This thesis examines empirically the effect of financial frictions and public debt on economic varia...
This paper compares the role of monetary and fiscal policy shocks in advanced and emerging economies...
We study the relevance of fiscal rules for growth in an EU panel. Our results show that they foster ...
This paper compares the role of monetary and fiscal policy shocks in advanced and emerging economies...
This paper analyses the role fiscal policy plays during banking crises in supporting short-term GDP ...
The global financial crisis led to a crisis in mainstream macroeconomic theory and to questioning th...
This paper investigates the effect of fiscal policy on economic growth. Unlike the literature ...
We use a panel of developed and emerging countries for the period 1970-2008 to assess how fiscal pol...
In this paper we assess to what extent in the existence of a financial crisis, government spending c...
The study provides empirical analyses of the role of monetary and fiscal policy on economic growth d...
In this paper we assess to what extent in the existence of a financial crisis, government spending c...
We use a threshold VAR analysis to study whether the effects of fiscal policy on economic activity d...
This paper investigates the determinants of the volatility of fiscal policy discretion. Using a li...
We use a threshold VAR analysis to study whether the effects of fiscal policy on economic activity d...
The economic transition after 1990’s from socialism toward free market economy has changed the role...
This thesis examines empirically the effect of financial frictions and public debt on economic varia...
This paper compares the role of monetary and fiscal policy shocks in advanced and emerging economies...
We study the relevance of fiscal rules for growth in an EU panel. Our results show that they foster ...
This paper compares the role of monetary and fiscal policy shocks in advanced and emerging economies...
This paper analyses the role fiscal policy plays during banking crises in supporting short-term GDP ...
The global financial crisis led to a crisis in mainstream macroeconomic theory and to questioning th...
This paper investigates the effect of fiscal policy on economic growth. Unlike the literature ...