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Fiscal policy in the 21st century: Evidence on automatic stabilizers in the European union

Using data from 29 European countries over 2002Q1–2019Q4, we estimate automatic stabilizers using various techniques, and show that the use of simple measures of government size as proxies is based on assumptions that are unrealistic and potentially misleading. Relaxing these assumptions allows us t...

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Detalhes bibliográficos
Main Authors: Georgios Karras, Michael C.-Y. Yang
Formato: Artigo
Idioma:Inglês
Publicado em: Elsevier 2022-01-01
Colecção:Journal of Government and Economics
Assuntos:
E32
E62
H60
Acesso em linha:http://www.sciencedirect.com/science/article/pii/S2667319322000106
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