
Fulltext:
141622.pdf
Embargo:
until further notice
Size:
292.1Kb
Format:
PDF
Description:
publisher's version
Publication year
2003Source
Journal of Macroeconomics, 25, 2, (2003), pp. 213-240ISSN
Publication type
Article / Letter to editor

Display more detailsDisplay less details
Organization
Economische theorie en economisch beleid
Journal title
Journal of Macroeconomics
Volume
vol. 25
Issue
iss. 2
Page start
p. 213
Page end
p. 240
Subject
Institutional Shifts in Government and Governance in a Comparative and International ContextAbstract
This paper studies the experiences with fiscal adjustments in the European Union (EU) countries during the transition period to the Economic and Monetary Union (EMU). Using several approaches suggested in the literature on fiscal adjustments and their macroeconomic effects and in the literature on EMU, we analyze the effects of the fiscal adjustments during this period on private consumption. Thereby, we also take the specific context of the transition towards EMU explicitly into consideration. At best mixed evidence for the presence of non-linearities in the relation between fiscal adjustments and private spending is obtained. The sensitivity of the results for a number of factors is also checked.
This item appears in the following Collection(s)
- Academic publications [204887]
- Electronic publications [103214]
- Nijmegen School of Management [12933]
Upload full text
Use your RU credentials (u/z-number and password) to log in with SURFconext to upload a file for processing by the repository team.