Journal article | Zeitschriftenartikel
On the effectiveness and limits of fiscal stabilizers
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.
- ISSN
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1466-4283
- Extent
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Seite(n): 1079-1086
- Language
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Englisch
- Notes
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Status: Postprint; begutachtet (peer reviewed)
- Bibliographic citation
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Applied Economics
- Subject
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Wirtschaft
Volkswirtschaftstheorie
- Event
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Geistige Schöpfung
- (who)
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Reitschuler, Gerhard
Crespo Cuaresma, Jesus
Silgoner, Maria Antoinette
- Event
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Veröffentlichung
- (when)
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2009
- DOI
- URN
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urn:nbn:de:0168-ssoar-242667
- Rights
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GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Last update
-
21.06.2024, 4:27 PM CEST
Data provider
This object is provided by:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
Object type
- Zeitschriftenartikel
Associated
- Reitschuler, Gerhard
- Crespo Cuaresma, Jesus
- Silgoner, Maria Antoinette
Time of origin
- 2009
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