| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 965532 | Journal of Macroeconomics | 2012 | 19 Pages |
Abstract
⺠We examine the general equilibrium effects of fiscal policy reforms in Greece. ⺠Lower income taxes met by higher consumption taxes increase output and welfare. ⺠The effects of higher government spending depend on the type of spending. ⺠Debt consolidation policies hurt the economy in the short run. ⺠Debt consolidation policies stimulate the economy in the medium and long run.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Dimitris Papageorgiou,