Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

On the effectiveness and limits of fiscal stabilizers

[journal article]

Reitschuler, Gerhard; Crespo Cuaresma, Jesus; Silgoner, Maria Antoinette

fulltextDownloadDownload full text

(290 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-242667

Further Details
Abstract The smoothing impact of fiscal stabilizers (proxied by government expenditures) on business cycle volatility is studied for a panel of EU countries in the period 1970-1999. Special emphasis is put on the investigation of possible nonlinearities in the relationship between GDP growth volatility and fiscal stabilizers. The results show that the business cycle volatility smoothing effect of fiscal stabilizers may revert at high levels. The results also hold when using government revenues as a proxy for fiscal stabilizers.
Classification National Economy
Document language English
Publication Year 2009
Page/Pages p. 1079-1086
Journal Applied Economics (2009)
DOI http://dx.doi.org/10.1080/00036840802600251
ISSN 1466-4283
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)