Coenen, Günter; Mohr, Matthias; Straub, Roland - In: Economic Modelling 25 (2008) 5, pp. 912-932
., McAdam, P., Straub, R., in press. Tax reform and labour-market performance in the euro area: a simulation-based analysis … using the New Area-Wide Model. Forthcoming in the Journal of Economic Dynamics and Control]). We model fiscal consolidation …In this paper, we examine the macroeconomic effects of alternative fiscal consolidation policies in the New Area …