Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
970076 | The Journal of Socio-Economics | 2011 | 16 Pages |
Abstract
⺠We study the effects of fiscal policy on private consumption and investment in the EU area. ⺠We use a Panel VAR methodology with annual data. ⺠We find positive effects of public consumption on both private consumption and investment. ⺠We find that government wage expenditure is the main responsible for these positive multipliers. ⺠We find that government investment plays a negligible role.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Luigi Marattin, Simone Salotti,