The long-run effect of fiscal consolidation on economic growth: Evidence from quantitative case studies
Author
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Christina D. Romer & David H. Romer, 2004.
"A New Measure of Monetary Shocks: Derivation and Implications,"
American Economic Review, American Economic Association, vol. 94(4), pages 1055-1084, September.
- Christina D. Romer & David H. Romer, 2003. "A New Measure of Monetary Shocks: Derivation and Implications," NBER Working Papers 9866, National Bureau of Economic Research, Inc.
- Huixin Bi & Eric M. Leeper & Campbell Leith, 2013.
"Uncertain Fiscal Consolidations,"
Economic Journal, Royal Economic Society, vol. 0, pages 31-63, February.
- Huixin Bi & Eric M. Leeper & Campbell B. Leith, 2012. "Uncertain Fiscal Consolidations," NBER Working Papers 17844, National Bureau of Economic Research, Inc.
- Huixin Bi & Eric M. Leeper & Campbell Leith, 2012. "Uncertain Fiscal Consolidations," Working Papers 2012_03, Business School - Economics, University of Glasgow.
- Huixin Bi & Eric M. Leeper & Campbell Leith, 2013. "Uncertain Fiscal Consolidations," Staff Working Papers 13-26, Bank of Canada.
- Bi, Huixin & Leeper, Eric M. & Leith, Campbell, 2012. "Uncertain Fiscal Consolidations," SIRE Discussion Papers 2012-09, Scottish Institute for Research in Economics (SIRE).
- von Hagen, Jurgen & Hughes Hallett, Andrew & Strauch, Rolf, 2002. "Budgetary Consolidation in Europe: Quality, Economic Conditions, and Persistence," Journal of the Japanese and International Economies, Elsevier, vol. 16(4), pages 512-535, December.
- Petra Moser, 2005.
"How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World's Fairs,"
American Economic Review, American Economic Association, vol. 95(4), pages 1214-1236, September.
- Petra Moser, 2003. "How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World Fairs," NBER Working Papers 9909, National Bureau of Economic Research, Inc.
- Alberto Alesina & Silvia Ardagna, 1998.
"Tales of fiscal adjustment,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 13(27), pages 488-545.
- Ardagna, Silvia & Alesina, Alberto, 1998. "Tales of Fiscal Adjustment," Scholarly Articles 2579822, Harvard University Department of Economics.
- Nauro F Campos & Yuko Kinoshita, 2010. "Structural Reforms, Financial Liberalization, and Foreign Direct Investment," IMF Staff Papers, Palgrave Macmillan, vol. 57(2), pages 326-365, June.
- Rudiger Ahrend & Pietro Catte & Robert Price, 2006. "Interactions Between Monetary and Fiscal Policy: How Monetary Conditions Affect Fiscal Consolidation," OECD Economics Department Working Papers 521, OECD Publishing.
- Tavares, Jose, 2004.
"Does right or left matter? Cabinets, credibility and fiscal adjustments,"
Journal of Public Economics, Elsevier, vol. 88(12), pages 2447-2468, December.
- Jose Tavares, 2000. "Does Right or Left Matter? Cabinets, Credibility and Fiscal Adjustments," Econometric Society World Congress 2000 Contributed Papers 1548, Econometric Society.
- Shafik Hebous, 2011.
"The Effects Of Discretionary Fiscal Policy On Macroeconomic Aggregates: A Reappraisal,"
Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 674-707, September.
- Hebous, Shafik, 2009. "The Effects of Discretionary Fiscal Policy on Macroeconomic Aggregates: A Reappraisal," MPRA Paper 23300, University Library of Munich, Germany, revised Jun 2010.
- José G. Montalvo, 2011. "Voting after the Bombings: A Natural Experiment on the Effect of Terrorist Attacks on Democratic Elections," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1146-1154, November.
- Alberto Alesina & Silvia Ardagna & Roberto Perotti & Fabio Schiantarelli, 2002.
"Fiscal Policy, Profits, and Investment,"
American Economic Review, American Economic Association, vol. 92(3), pages 571-589, June.
- Alberto Alesina & Silvia Ardagna & Roberto Perotti & Fabio Schiantarelli, 1999. "Fiscal Policy, Profits, and Investment," NBER Working Papers 7207, National Bureau of Economic Research, Inc.
- Schiantarelli, Fabio & Perotti, Roberto & Ardagna, Silvia & Alesina, Alberto, 2002. "Fiscal Policy, Profits, and Investment," Scholarly Articles 4685103, Harvard University Department of Economics.
- Alesina, Alberto F & Ardagna, Silvia & Perotti, Roberto & Schiantarelli, Fabio, 1999. "Fiscal Policy, Profits and Investment," CEPR Discussion Papers 2250, C.E.P.R. Discussion Papers.
- Alberto Alesina & Silvia Ardagna & Roberto Perotti & Fabio Schiantarelli, 2000. "Fiscal Policy, Profits, and Investment," Boston College Working Papers in Economics 504, Boston College Department of Economics.
- Alberto Alesina & Silvia Ardagna, 2010.
"Large Changes in Fiscal Policy: Taxes versus Spending,"
NBER Chapters, in: Tax Policy and the Economy, Volume 24, pages 35-68,
National Bureau of Economic Research, Inc.
- Alberto F. Alesina & Silvia Ardagna, 2009. "Large Changes in Fiscal Policy: Taxes Versus Spending," NBER Working Papers 15438, National Bureau of Economic Research, Inc.
- Alesina, Alberto Francesco & Ardagna, Silvia, 2010. "Large Changes in Fiscal Policy: Taxes versus Spending," Scholarly Articles 22801844, Harvard University Department of Economics.
- Coffman, Makena & Noy, Ilan, 2012. "Hurricane Iniki: measuring the long-term economic impact of a natural disaster using synthetic control," Environment and Development Economics, Cambridge University Press, vol. 17(2), pages 187-205, April.
- Schaltegger, Christoph A. & Feld, Lars P., 2009.
"Are fiscal adjustments less successful in decentralized governments?,"
European Journal of Political Economy, Elsevier, vol. 25(1), pages 115-123, March.
- Christoph A. Schaltegger & Lars P. Feld, 2007. "Are Fiscal Adjustments less Successful in Decentralized Governments?," CESifo Working Paper Series 1946, CESifo.
- Christoph A. Schaltegger & Lars P. Feld, 2007. "Are Fiscal Adjustments less Successful in Decentralized Governments?," CREMA Working Paper Series 2007-06, Center for Research in Economics, Management and the Arts (CREMA).
- Francesco Giavazzi & Marco Pagano, 1990.
"Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries,"
NBER Chapters, in: NBER Macroeconomics Annual 1990, Volume 5, pages 75-122,
National Bureau of Economic Research, Inc.
- F. Giavazzi & M. Pagano, 1990. "Can Severe Fiscal Contractions Be Expansionary? Tales of two Small Euopean Countries," Working Papers 89, Dipartimento Scienze Economiche, Universita' di Bologna.
- Giavazzi, Francesco & Pagano, Marco, 1990. "Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries," CEPR Discussion Papers 417, C.E.P.R. Discussion Papers.
- Francesco Giavazzi & Marco Pagano, 1990. "Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries," NBER Working Papers 3372, National Bureau of Economic Research, Inc.
- Javier Bilbao-Ubillos & Ana-Isabel Fern�ndez-Sainz, 2014. "The impact of austerity policies in the Eurozone: fiscal multipliers and 'adjustment fatigue'," Applied Economics Letters, Taylor & Francis Journals, vol. 21(14), pages 955-959, September.
- Mr. Emanuele Baldacci & Mr. Sanjeev Gupta & Mr. Carlos Mulas-Granados, 2013. "Debt Reduction, Fiscal Adjustment, and Growth in Credit-Constrained Economies," IMF Working Papers 2013/238, International Monetary Fund.
- Christina D. Romer & David H. Romer, 2010.
"The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks,"
American Economic Review, American Economic Association, vol. 100(3), pages 763-801, June.
- Christina D. Romer & David H. Romer, 2007. "The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks," NBER Working Papers 13264, National Bureau of Economic Research, Inc.
- C. John McDermott & Robert F. Wescott, 1996.
"An Empirical Analysis of Fiscal Adjustments,"
IMF Staff Papers, Palgrave Macmillan, vol. 43(4), pages 725-753, December.
- Mr. Robert F. Westcott & Mr. C. John McDermott, 1996. "An Empirical Analysis of Fiscal Adjustments," IMF Working Papers 1996/059, International Monetary Fund.
- Alesina, Alberto & Favero, Carlo & Giavazzi, Francesco, 2015.
"The output effect of fiscal consolidation plans,"
Journal of International Economics, Elsevier, vol. 96(S1), pages 19-42.
- Alberto Alesina & Carlo Favero & Francesco Giavazzi, 2014. "The Output Effect of Fiscal Consolidation Plans," NBER Chapters, in: NBER International Seminar on Macroeconomics 2014, pages 19-42, National Bureau of Economic Research, Inc.
- Alesina, Alberto & Favero, Carlo & Giavazzi, Francesco, 2014. "The output effect of fiscal consolidation plans," SAFE Working Paper Series 76, Leibniz Institute for Financial Research SAFE.
- Alberto Alesina & Roberto Perotti, 1995. "Fiscal Expansions and Fiscal Adjustments in OECD Countries," NBER Working Papers 5214, National Bureau of Economic Research, Inc.
- Òscar Jordà & Alan M. Taylor, 2016.
"The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy,"
Economic Journal, Royal Economic Society, vol. 126(590), pages 219-255, February.
- Òscar Jordà & Alan M. Taylor, 2013. "The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy," Working Paper Series 2013-25, Federal Reserve Bank of San Francisco.
- Jordà, Òscar & Taylor, Alan M., 2014. "The time for austerity: Estimating the average treatment effect of fiscal policy," SAFE Working Paper Series 79, Leibniz Institute for Financial Research SAFE.
- Òscar Jordà & Alan M. Taylor, 2013. "The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy," NBER Working Papers 19414, National Bureau of Economic Research, Inc.
- Taylor, Alan M. & Jordà , Òscar, 2013. "The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy," CEPR Discussion Papers 9646, C.E.P.R. Discussion Papers.
- Roberto Perotti, 1999. "Fiscal Policy in Good Times and Bad," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(4), pages 1399-1436.
- Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2016.
"Tax multipliers: Pitfalls in measurement and identification,"
Journal of Monetary Economics, Elsevier, vol. 79(C), pages 30-48.
- Daniel Riera-Crichton & Carlos A. Vegh & Guillermo Vuletin, 2012. "Tax Multipliers: Pitfalls in Measurement and Identification," NBER Working Papers 18497, National Bureau of Economic Research, Inc.
- Bruno Ferman & Cristine Pinto & Vitor Possebom, 2020.
"Cherry Picking with Synthetic Controls,"
Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 39(2), pages 510-532, March.
- Ferman, Bruno & Pinto, Cristine Campos de Xavier & Possebom, Vítor Augusto, 2016. "Cherry picking with synthetic controls," Textos para discussão 420, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
- Ferman, Bruno & Pinto, Cristine & Possebom, Vitor, 2017. "Cherry Picking with Synthetic Controls," MPRA Paper 78213, University Library of Munich, Germany.
- Mr. Mark A Horton & Mr. George C. Tsibouris & Wojciech Maliszewski & Mr. Mark J Flanagan, 2006. "Experience with Large Fiscal Adjustments," IMF Occasional Papers 2006/003, International Monetary Fund.
- Francesco Giavazzi & Marco Pagano, 1995.
"Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience,"
NBER Working Papers
5332, National Bureau of Economic Research, Inc.
- Giavazzi, Francesco & Pagano, Marco, 1995. "Non-Keynesian Effects of Fiscal Policy Changes: International Evidence and the Swedish Experience," CEPR Discussion Papers 1284, C.E.P.R. Discussion Papers.
- Sarah Bohn & Magnus Lofstrom & Steven Raphael, 2014.
"Did the 2007 Legal Arizona Workers Act Reduce the State's Unauthorized Immigrant Population?,"
The Review of Economics and Statistics, MIT Press, vol. 96(2), pages 258-269, May.
- Bohn, Sarah & Lofstrom, Magnus & Raphael, Steven, 2011. "Did the 2007 Legal Arizona Workers Act Reduce the State's Unauthorized Immigrant Population?," IZA Discussion Papers 5682, Institute of Labor Economics (IZA).
- Lambertini Luisa & Tavares José A, 2005.
"Exchange Rates and Fiscal Adjustments: Evidence from the OECD and Implications for the EMU,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 5(1), pages 1-30, December.
- Luisa Lambertini & Jose Tavares, 2003. "Exchange Rates and Fiscal Adjustments: Evidence from the OECD and Implications for EMU," Boston College Working Papers in Economics 576, Boston College Department of Economics.
- Athanasios Tagkalakis, 2009. "Fiscal adjustments: do labor and product market institutions matter?," Public Choice, Springer, vol. 139(3), pages 389-411, June.
- Andrew Mountford & Harald Uhlig, 2009.
"What are the effects of fiscal policy shocks?,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(6), pages 960-992.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Other publications TiSEM af6a2f09-0045-471e-bba4-b, Tilburg University, School of Economics and Management.
- Uhlig, Harald & Mountford, Andrew, 2002. "What are the Effects of Fiscal Policy Shocks?," CEPR Discussion Papers 3338, C.E.P.R. Discussion Papers.
- Mountford, A.W. & Uhlig, H.F.H.V.S., 2002. "What are the Effects of Fiscal Policy Shocks?," Discussion Paper 2002-31, Tilburg University, Center for Economic Research.
- Mountford, Andrew & Uhlig, Harald, 2005. "What are the effects of fiscal policy shocks?," SFB 649 Discussion Papers 2005-039, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Andrew Mountford & Harald Uhlig, 2008. "What are the Effects of Fiscal Policy Shocks?," NBER Working Papers 14551, National Bureau of Economic Research, Inc.
- Alberto Abadie & Alexis Diamond & Jens Hainmueller, 2015. "Comparative Politics and the Synthetic Control Method," American Journal of Political Science, John Wiley & Sons, vol. 59(2), pages 495-510, February.
- Alberto Abadie & Javier Gardeazabal, 2003. "The Economic Costs of Conflict: A Case Study of the Basque Country," American Economic Review, American Economic Association, vol. 93(1), pages 113-132, March.
- Gupta, Sanjeev & Clements, Benedict & Baldacci, Emanuele & Mulas-Granados, Carlos, 2005. "Fiscal policy, expenditure composition, and growth in low-income countries," Journal of International Money and Finance, Elsevier, vol. 24(3), pages 441-463, April.
- Christina D. Romer & David H. Romer, 1989.
"Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz,"
NBER Chapters, in: NBER Macroeconomics Annual 1989, Volume 4, pages 121-184,
National Bureau of Economic Research, Inc.
- Romer, Christina D. & Romer, David H., 1989. "Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz," Department of Economics, Working Paper Series qt5h07k8vf, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Christina D. Romer and David H. Romer., 1989. "Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz," Economics Working Papers 89-107, University of California at Berkeley.
- Christina D. Romer & David H. Romer, 1989. "Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz," NBER Working Papers 2966, National Bureau of Economic Research, Inc.
- Jinjarak, Yothin & Noy, Ilan & Zheng, Huanhuan, 2013.
"Capital controls in Brazil – Stemming a tide with a signal?,"
Journal of Banking & Finance, Elsevier, vol. 37(8), pages 2938-2952.
- Yothin Jinjarak & Ilan Noy & Huanhuan Zheng, 2012. "Capital Controls in Brazil – Stemming a Tide with a Signal," Working Papers 201213, University of Hawaii at Manoa, Department of Economics.
- Jinjarak, Y & Noy, I & Zheng, H, 2012. "Capital Controls in Brazil: Stemming a Tide with a Signal?," Working Paper Series 18704, Victoria University of Wellington, School of Economics and Finance.
- Yothin Jinjarak & Ilan Noy & Huanhuan Zheng, 2013. "Capital Controls in Brazil - Stemming a Tide with a Signal?," NBER Working Papers 19205, National Bureau of Economic Research, Inc.
- Andreas Billmeier & Tommaso Nannicini, 2013. "Assessing Economic Liberalization Episodes: A Synthetic Control Approach," The Review of Economics and Statistics, MIT Press, vol. 95(3), pages 983-1001, July.
- Feldstein, Martin, 1982.
"Government deficits and aggregate demand,"
Journal of Monetary Economics, Elsevier, vol. 9(1), pages 1-20.
- Martin Feldstein, 1980. "Government Deficits and Aggregate Demand," NBER Working Papers 0435, National Bureau of Economic Research, Inc.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2013.
"Catastrophic Natural Disasters and Economic Growth,"
The Review of Economics and Statistics, MIT Press, vol. 95(5), pages 1549-1561, December.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2010. "Catastrophic Natural Disasters and Economic Growth," Research Department Publications 4671, Inter-American Development Bank, Research Department.
- Eduardo Cavallo & Sebastian Galiani & Ilan Noy & Juan Pantano, 2010. "Catastrophic Natural Disasters and Economic Growth," Working Papers 201006, University of Hawaii at Manoa, Department of Economics.
- Cavallo, Eduardo A. & Noy, Ilan & Pantano, Juan & Galiani, Sebastián, 2010. "Catastrophic Natural Disasters and Economic Growth," IDB Publications (Working Papers) 1903, Inter-American Development Bank.
- Pablo Hernández de Cos & Enrique Moral‐Benito, 2013. "Fiscal Consolidations and Economic Growth," Fiscal Studies, Institute for Fiscal Studies, vol. 34, pages 491-515, December.
- Marcos Sanso‐Navarro, 2011. "The Effects on American Foreign Direct Investment in the United Kingdom from Not Adopting the Euro," Journal of Common Market Studies, Wiley Blackwell, vol. 49(2), pages 463-483, March.
- Alberto Alesina & Silvia Ardagna, 2013.
"The Design of Fiscal Adjustments,"
Tax Policy and the Economy, University of Chicago Press, vol. 27(1), pages 19-68.
- Alberto Alesina & Silvia Ardagna, 2013. "The Design of Fiscal Adjustments," NBER Chapters, in: Tax Policy and the Economy, Volume 27, pages 19-67, National Bureau of Economic Research, Inc.
- Alberto F. Alesina & Silvia Ardagna, 2012. "The design of fiscal adjustments," NBER Working Papers 18423, National Bureau of Economic Research, Inc.
- Alesina, Alberto Francesco & Ardagna, Silvia, 2013. "The Design of Fiscal Adjustments," Scholarly Articles 22801843, Harvard University Department of Economics.
- Alberto Alesina & Roberto Perotti, 1997.
"Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects,"
IMF Staff Papers, Palgrave Macmillan, vol. 44(2), pages 210-248, June.
- Mr. Alberto Alesina & Mr. Roberto Perotti, 1996. "Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects," IMF Working Papers 1996/070, International Monetary Fund.
- Alberto Alesina & Roberto Perotti, 1996. "Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects," NBER Working Papers 5730, National Bureau of Economic Research, Inc.
- Jaime Guajardo & Daniel Leigh & Andrea Pescatori, 2014. "Expansionary Austerity? International Evidence," Journal of the European Economic Association, European Economic Association, vol. 12(4), pages 949-968, August.
- Salvador Barrios & Sven Langedijk & Lucio Pench, 2010. "EU fiscal consolidation after the financial crisis. Lessons from past experiences," European Economy - Economic Papers 2008 - 2015 418, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Henrik Jacobsen Kleven & Camille Landais & Emmanuel Saez, 2013.
"Taxation and International Migration of Superstars: Evidence from the European Football Market,"
American Economic Review, American Economic Association, vol. 103(5), pages 1892-1924, August.
- Henrik Kleven & Camille Landais & Emmanuel Saez, 2010. "Taxation and International Migration of Superstars: Evidence from the European Football Market," NBER Working Papers 16545, National Bureau of Economic Research, Inc.
- Saez, Emmanuel & Kleven, Henrik & Landais, Camille, 2010. "Taxation and International Migration of Superstars: Evidence from the European Football Market," CEPR Discussion Papers 8134, C.E.P.R. Discussion Papers.
- Olivier Blanchard & Roberto Perotti, 2002.
"An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1329-1368.
- Olivier Blanchard & Roberto Perotti, 1999. "An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output," NBER Working Papers 7269, National Bureau of Economic Research, Inc.
- Jinjarak, Yothin & Noy, Ilan & Zheng, Huanhuan, 2013.
"Capital controls in Brazil – Stemming a tide with a signal?,"
Journal of Banking & Finance, Elsevier, vol. 37(8), pages 2938-2952.
- Yothin Jinjarak & Ilan Noy & Huanhuan Zheng, 2012. "Capital Controls in Brazil – Stemming a Tide with a Signal," Working Papers 201213, University of Hawaii at Manoa, Department of Economics.
- Yothin Jinjarak & Ilan Noy & Huanhuan Zheng, 2013. "Capital Controls in Brazil - Stemming a Tide with a Signal?," NBER Working Papers 19205, National Bureau of Economic Research, Inc.
- Jinjarak, Y & Noy, I & Zheng, H, 2012. "Capital Controls in Brazil: Stemming a Tide with a Signal?," Working Paper Series 2391, Victoria University of Wellington, School of Economics and Finance.
- repec:hrv:faseco:3353756 is not listed on IDEAS
- Christoph A. Schaltegger & Martin Weder, 2014.
"Fiscal adjustment and the costs of public debt service: evidence from OECD countries,"
Applied Economics, Taylor & Francis Journals, vol. 46(22), pages 2593-2610, August.
- Christoph A. Schaltegger & Martin Weder, 2010. "Fiscal Adjustment and the Costs of Public Debt Service: Evidence from OECD Countries," CREMA Working Paper Series 2010-08, Center for Research in Economics, Management and the Arts (CREMA).
- Christoph A. Schaltegger & Martin Weder, 2010. "Fiscal Adjustment and the Costs of Public Debt Service: Evidence from OECD Countries," CESifo Working Paper Series 3297, CESifo.
- Alberto Alesina & Roberto Perotti & José Tavares, 1998.
"The Political Economy of Fiscal Adjustments,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(1), pages 197-266.
- Alesina, Alberto Francesco & Perotti, Roberto & Tavares, Jose, 1998. "The Political Economy of Fiscal Adjustments," Scholarly Articles 12553724, Harvard University Department of Economics.
- Acemoglu, Daron & Johnson, Simon & Kermani, Amir & Kwak, James & Mitton, Todd, 2016.
"The value of connections in turbulent times: Evidence from the United States,"
Journal of Financial Economics, Elsevier, vol. 121(2), pages 368-391.
- Daron Acemoglu & Simon Johnson & Amir Kermani & James Kwak & Todd Mitton, 2013. "The Value of Connections in Turbulent Times: Evidence from the United States," NBER Working Papers 19701, National Bureau of Economic Research, Inc.
- Heylen, Freddy & Everaert, Gerdie, 2000. "Success and Failure of Fiscal Consolidation in the OECD: A Multivariate Analysis," Public Choice, Springer, vol. 105(1-2), pages 103-124, October.
- Ardagna, Silvia, 2004. "Fiscal Stabilizations: When Do They Work and Why," Scholarly Articles 2580047, Harvard University Department of Economics.
- Ramey, Valerie A. & Shapiro, Matthew D., 1998.
"Costly capital reallocation and the effects of government spending,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 48(1), pages 145-194, June.
- Valerie A. Ramey & Matthew D. Shapiro, 1999. "Costly Capital Reallocation and the Effects of Government Spending," NBER Working Papers 6283, National Bureau of Economic Research, Inc.
- Paolo Pinotti, 2012.
"The Economic Costs of Organized Crime: Evidence from Southern Italy,"
Working Papers
054, "Carlo F. Dondena" Centre for Research on Social Dynamics (DONDENA), Università Commerciale Luigi Bocconi.
- Paolo Pinotti, 2012. "The economic costs of organized crime: evidence from southern Italy," Temi di discussione (Economic working papers) 868, Bank of Italy, Economic Research and International Relations Area.
- Shimeng Liu, 2015. "Spillovers from Universities: Evidence from the Land-Grant Program," Working Paper 9410, USC Lusk Center for Real Estate.
- Markus Jorra, 2011. "The Heterogeneity of Default Costs: Evidence from Recent Sovereign Debt Crises," MAGKS Papers on Economics 201151, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Ardagna, Silvia, 2004. "Fiscal stabilizations: When do they work and why," European Economic Review, Elsevier, vol. 48(5), pages 1047-1074, October.
- Peter Hinrichs, 2012. "The Effects of Affirmative Action Bans on College Enrollment, Educational Attainment, and the Demographic Composition of Universities," The Review of Economics and Statistics, MIT Press, vol. 94(3), pages 712-722, August.
- Reyes Illera & Carlos Mulas-Granados, 2008. "What makes fiscal consolidations last? A survival analysis of budget cuts in Europe (1960–2004)," Public Choice, Springer, vol. 134(3), pages 147-161, March.
- Tommaso Nannicini & Andreas Billmeier, 2011. "Economies in Transition: How Important Is Trade Openness for Growth?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 287-314, June.
- Bauhoff, Sebastian, 2014. "The effect of school district nutrition policies on dietary intake and overweight: A synthetic control approach," Economics & Human Biology, Elsevier, vol. 12(C), pages 45-55.
- Liu, Shimeng, 2015. "Spillovers from universities: Evidence from the land-grant program," Journal of Urban Economics, Elsevier, vol. 87(C), pages 25-41.
- Mr. Andrea Pescatori & Mr. Daniel Leigh & Mr. Jaime Guajardo & Mr. Pete Devries, 2011. "A New Action-Based Dataset of Fiscal Consolidation," IMF Working Papers 2011/128, International Monetary Fund.
- Cimadomo, Jacopo & Hauptmeier, Sebastian & Sola, Sergio, 2011.
"Identifying the effects of government spending shocks with and without expected reversal: an approach based on U.S. real-time data,"
Working Paper Series
1361, European Central Bank.
- Jacopo Cimadomo & Sebastian Hauptmeier & Sergio Sola, 2011. "Identifying the Effects of Government Spending Shocks with and without Expected Reversal: an Approach Based on U.S. Real-Time Data," IHEID Working Papers 12-2011, Economics Section, The Graduate Institute of International Studies.
- Jochen Mierau & Richard Jong-A-Pin & Jakob de Haan, 2007. "Do political variables affect fiscal policy adjustment decisions? New empirical evidence," Public Choice, Springer, vol. 133(3), pages 297-319, December.
- von Hagen, Jurgen & Strauch, Rolf R, 2001. "Fiscal Consolidations: Quality, Economic Conditions, and Success," Public Choice, Springer, vol. 109(3-4), pages 327-346, December.
- Abadie, Alberto & Diamond, Alexis & Hainmueller, Jens, 2010. "Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program," Journal of the American Statistical Association, American Statistical Association, vol. 105(490), pages 493-505.
- Kaul, Ashok & Klößner, Stefan & Pfeifer, Gregor & Schieler, Manuel, 2015. "Synthetic Control Methods: Never Use All Pre-Intervention Outcomes Together With Covariates," MPRA Paper 83790, University Library of Munich, Germany.
- Yang, Weonho & Fidrmuc, Jan & Ghosh, Sugata, 2015.
"Macroeconomic effects of fiscal adjustment: A tale of two approaches,"
Journal of International Money and Finance, Elsevier, vol. 57(C), pages 31-60.
- Weonho Yang & Jan Fidrmuc & Sugata Ghosh, 2013. "Macroeconomic Effects of Fiscal Adjustment: A Tale of two Approaches," CESifo Working Paper Series 4401, CESifo.
- Andrea Zaghini, 2001. "Fiscal adjustments and economic performing: a comparative study," Applied Economics, Taylor & Francis Journals, vol. 33(5), pages 613-624.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Atindra Dahal, 2020. "Re-defining Modernity and Development Dimension in Quest of Indigenous and Ingenuous Prosperity of Himalayan Region," Technium Social Sciences Journal, Technium Science, vol. 3(1), pages 11-25, February.
- Bardaka, Ioanna & Bournakis, Ioannis & Kaplanoglou, Georgia, 2021.
"Total factor productivity (TFP) and fiscal consolidation: How harmful is austerity?,"
Economic Modelling, Elsevier, vol. 94(C), pages 908-922.
- Ioanna Bardaka & Ioannis Bournakis & Georgia Kaplanoglou, 2018. "Total factor productivity (TFP) and fiscal consolidation: how harmful is austerity?," Working Papers 255, Bank of Greece.
- Bardaka, Ioanna & Bournakis, Ioannis & Kaplanoglou, Georgia, 2020. "Total factor productivity (TFP) and fiscal consolidation: How harmful is austerity?," MPRA Paper 98880, University Library of Munich, Germany.
- Arielle Beyaert & José García-Solanes & Laura López-Gómez, 2023. "Did the Euro Really Increase Corruption in the Eurozone? A Counterfactual Analysis," Hacienda Pública Española / Review of Public Economics, IEF, vol. 244(1), pages 3-36, March.
- Samer Matta & Michael Bleaney & Simon Appleton, 2022.
"The economic impact of political instability and mass civil protest,"
Economics and Politics, Wiley Blackwell, vol. 34(1), pages 253-270, March.
- Samer Matta & Simon Appleton & Michael Bleaney, 2017. "The Economic Impact of Political Instability and Mass Civil Protest," Discussion Papers 2017-03, University of Nottingham, CREDIT.
- Samer Matta & Michael Bleaney & Simon Appleton, 2021. "The economic impact of political instability and mass civil protest," Discussion Papers 2021-01, Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP).
- Ntokozo Patrick Nzimande & Harold Ngalawa, 2022. "Tax-Spend or Spend-Tax? The Case of Southern Africa," Economies, MDPI, vol. 10(4), pages 1-10, April.
- Gautam Negi, 2021. "Fiscal Impulse And Sectoral Output €“ Evidence From Indian States," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 28, pages 151-167, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bruno Ferman & Cristine Pinto & Vitor Possebom, 2020.
"Cherry Picking with Synthetic Controls,"
Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 39(2), pages 510-532, March.
- Ferman, Bruno & Pinto, Cristine Campos de Xavier & Possebom, Vítor Augusto, 2016. "Cherry picking with synthetic controls," Textos para discussão 420, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
- Ferman, Bruno & Pinto, Cristine & Possebom, Vitor, 2017. "Cherry Picking with Synthetic Controls," MPRA Paper 78213, University Library of Munich, Germany.
- Yang, Weonho & Fidrmuc, Jan & Ghosh, Sugata, 2015.
"Macroeconomic effects of fiscal adjustment: A tale of two approaches,"
Journal of International Money and Finance, Elsevier, vol. 57(C), pages 31-60.
- Weonho Yang & Jan Fidrmuc & Sugata Ghosh, 2013. "Macroeconomic Effects of Fiscal Adjustment: A Tale of two Approaches," CESifo Working Paper Series 4401, CESifo.
- Moulaye Bamba & Jean-Louis Combes & Alexandru Minea, 2020.
"The effects of fiscal consolidations on the composition of government spending,"
Applied Economics, Taylor & Francis Journals, vol. 52(14), pages 1517-1532, March.
- Moulaye Bamba & Jean-Louis Combes & Alexandru Minea, 2019. "The effects of fiscal consolidations on the composition of government spending," Working Papers halshs-02043892, HAL.
- Moulaye Bamba & Jean-Louis Combes & Alexandru Minea, 2019. "The effects of fiscal consolidations on the composition of government spending," CERDI Working papers halshs-02043892, HAL.
- Moulaye Bamba & Jean-Louis Combes & Alexandru Minea, 2019. "The Effects of Fiscal Consolidations on The Composition of Government Spending," Post-Print halshs-02315739, HAL.
- Moulaye Bamba & Jean-Louis Combes & Alexandru Minea, 2020. "The effects of fiscal consolidations on the composition of government spending," Post-Print hal-02887275, HAL.
- Moulaye Bamba & Jean-Louis Combes & Alexandru Minea, 2019. "The effects of fiscal consolidations on the composition of government spending," Post-Print hal-02314999, HAL.
- Moulaye Bamba & Jean-Louis Combes & Alexandru Minea, 2019. "The Effects of Fiscal Consolidations on The Composition of Government Spending," Post-Print halshs-02316204, HAL.
- Kaul, Ashok & Klößner, Stefan & Pfeifer, Gregor & Schieler, Manuel, 2015. "Synthetic Control Methods: Never Use All Pre-Intervention Outcomes Together With Covariates," MPRA Paper 83790, University Library of Munich, Germany.
- Heylen, Freddy & Hoebeeck, Annelies & Buyse, Tim, 2013. "Government efficiency, institutions, and the effects of fiscal consolidation on public debt," European Journal of Political Economy, Elsevier, vol. 31(C), pages 40-59.
- F. Heylen & A. Hoebeeck & T. Buyse, 2011. "Fiscal consolidation, institutions and institutional reform: a multivariate analysis of public debt dynamics," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 11/763, Ghent University, Faculty of Economics and Business Administration.
- Wiese, Rasmus & Jong-A-Pin, Richard & de Haan, Jakob, 2018. "Can successful fiscal adjustments only be achieved by spending cuts?," European Journal of Political Economy, Elsevier, vol. 54(C), pages 145-166.
- Hüseyin ŞEN & Ayşe KAYA, 2017. "Mali Konsolidasyon Büyüme ve İstihdam için Bir Çıpa mı, Mali Tuzak mı? Teorik ve Ampirik Literatür Temelli Bir Analiz," Sosyoekonomi Journal, Sosyoekonomi Society, issue 25(34).
- Woldu, Gabriel Temesgen & Szakálné Kanó, Izabella, 2023. "Macroeconomic effects of fiscal consolidation on economic activity in SSA countries," The Journal of Economic Asymmetries, Elsevier, vol. 28(C).
- Ibrar Hussain & Jawad Hussain & Arshad Ali & Shabir Ahmad, 2021. "A Dynamic Analysis of the Impact of Fiscal Adjustment on Economic Growth: Evidence From Pakistan," SAGE Open, , vol. 11(2), pages 21582440211, June.
- Ferman, Bruno & Pinto, Cristine, 2016.
"Revisiting the Synthetic Control Estimator,"
MPRA Paper
73982, University Library of Munich, Germany.
- Ferman, Bruno & Pinto, Cristine Campos de Xavier, 2016. "Revisiting the synthetic control estimator," Textos para discussão 421, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
- Philip Arestis & Ayşe Kaya & Hüseyin Şen, 2018. "Does fiscal consolidation promote economic growth and employment? Evidence from the PIIGGS countries," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 15(3), pages 289-312, November.
- Alberto Alesina & Carlo Favero & Francesco Giavazzi, 2019.
"Effects of Austerity: Expenditure- and Tax-Based Approaches,"
Journal of Economic Perspectives, American Economic Association, vol. 33(2), pages 141-162, Spring.
- Favero, Carlo A. & Giavazzi, Francesco & Alesina, Alberto, 2019. "Effects of Austerity: Expenditure- and Tax-based Approaches," CEPR Discussion Papers 13565, C.E.P.R. Discussion Papers.
- Agnello, Luca & Castro, Vitor & Sousa, Ricardo M., 2013.
"What determines the duration of a fiscal consolidation program?,"
Journal of International Money and Finance, Elsevier, vol. 37(C), pages 113-134.
- Luca Agnello & Vítor Castro & Ricardo M. Sousa, 2012. "What determines the duration of a fiscal consolidation program?," NIPE Working Papers 17/2012, NIPE - Universidade do Minho.
- Luca Agnello & Vitor Castro & Ricardo M. Sousa, 2013. "What Determines the Duration of a Fiscal Consolidation Program?," GEMF Working Papers 2013-09, GEMF, Faculty of Economics, University of Coimbra.
- Giulio Grossi & Marco Mariani & Alessandra Mattei & Patrizia Lattarulo & Ozge Oner, 2020. "Direct and spillover effects of a new tramway line on the commercial vitality of peripheral streets. A synthetic-control approach," Papers 2004.05027, arXiv.org, revised Nov 2023.
- Karamysheva, Madina, 2022. "How do fiscal adjustments work? An empirical investigation," Journal of Economic Dynamics and Control, Elsevier, vol. 137(C).
- Bardaka, Ioanna & Bournakis, Ioannis & Kaplanoglou, Georgia, 2021.
"Total factor productivity (TFP) and fiscal consolidation: How harmful is austerity?,"
Economic Modelling, Elsevier, vol. 94(C), pages 908-922.
- Ioanna Bardaka & Ioannis Bournakis & Georgia Kaplanoglou, 2018. "Total factor productivity (TFP) and fiscal consolidation: how harmful is austerity?," Working Papers 255, Bank of Greece.
- Bardaka, Ioanna & Bournakis, Ioannis & Kaplanoglou, Georgia, 2020. "Total factor productivity (TFP) and fiscal consolidation: How harmful is austerity?," MPRA Paper 98880, University Library of Munich, Germany.
- Hommes, Cars & Lustenhouwer, Joep & Mavromatis, Kostas, 2018.
"Fiscal consolidations and heterogeneous expectations,"
Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 173-205.
- Hommes, Cars H. & Lustenhouwer, Joep & Mavromatis, Kostas, 2017. "Fiscal consolidations and heterogeneous expectations," BERG Working Paper Series 132, Bamberg University, Bamberg Economic Research Group.
- Charles Amo Yartey & Mr. Machiko Narita & Mr. Shelton M Nicholls & Mr. Joel Chiedu Okwuokei, 2012. "The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean," IMF Working Papers 2012/276, International Monetary Fund.
- Riera-Crichton, Daniel & Vegh, Carlos A. & Vuletin, Guillermo, 2016.
"Tax multipliers: Pitfalls in measurement and identification,"
Journal of Monetary Economics, Elsevier, vol. 79(C), pages 30-48.
- Daniel Riera-Crichton & Carlos A. Vegh & Guillermo Vuletin, 2012. "Tax Multipliers: Pitfalls in Measurement and Identification," NBER Working Papers 18497, National Bureau of Economic Research, Inc.
More about this item
Keywords
economic growth; fiscal adjustment; fiscal consolidation; synthetic control method;All these keywords.
JEL classification:
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FDG-2016-07-09 (Financial Development and Growth)
- NEP-MAC-2016-07-09 (Macroeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:zewdip:16047. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zemande.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.