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Fiscal policy and growth forecasts in the EU: are official forecasters still misestimating fiscal multipliers?

Blanchard and Leigh (Am Econ Rev 103(3):117–120, 2013; IMF Econ Rev 62(2):179–212, 2014) find fiscal multipliers to be underestimated in the EU in the deep recession of the early 2010s. Using two 2013–2018 datasets for 26 EU member states, assembled from Stability and Convergence Programmes and the...

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Detalles Bibliográficos
Autores principales: Cronin, David, McQuinn, Kieran
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8262587/
http://dx.doi.org/10.1007/s10290-021-00428-z