Arbeitspapier
Demand-side economics in times of high debt: The case of the European Union
We analyze the effectiveness of an increase in government consumption for stimulating growth for diverse levels of public debt in the European Union. We conclude, that growth rate can be stimulated in the short run by an increase in government consumption but only at low levels of public debt. Moreover, we find that an increase in intermediate consumption is more effective than an increase in compensation of public employees in stimulating output growth.
- Language
-
Englisch
- Bibliographic citation
-
Series: Agenda Austria Working Paper ; No. 02
- Classification
-
Wirtschaft
Fiscal Policy
Fiscal Policies and Behavior of Economic Agents: General
National Government Expenditures and Related Policies: General
National Debt; Debt Management; Sovereign Debt
- Subject
-
growth
fiscal stimulus
government consumption
public debt
- Event
-
Geistige Schöpfung
- (who)
-
Köppl-Turyna, Monika
Lorenz, Hanno
- Event
-
Veröffentlichung
- (who)
-
Agenda Austria
- (where)
-
Wien
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Köppl-Turyna, Monika
- Lorenz, Hanno
- Agenda Austria
Time of origin
- 2016
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