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The relevance of fiscal rules for fiscal and yield developments

Afonso, António; Guimarães, Ana Sofia - 2014

Persistent link: https://www.econbiz.de/10011554961

Euro area time varying fiscal sustainability

Afonso, António; Jalles, João Tovar - 2015

Persistent link: https://www.econbiz.de/10011549837

The relevance of fiscal rules for fiscal and sovereign yield developments

Afonso, António; Guimarães, Ana Sofia - In: Applied economics letters 22 (2015) 10/12, pp. 920-924

Persistent link: https://www.econbiz.de/10011286013

Euro area time-varying fiscal sustainability

Afonso, António; Jalles, João Tovar - In: International journal of finance & economics : IJFE 22 (2017) 3, pp. 244-254

Persistent link: https://www.econbiz.de/10011960312

Euro Area Time-Varying Cyclicality of Fiscal Policy

Afonso, António; Carvalho, Francisco Tiago - 2021

We assess the cyclicality of fiscal policy in the 19 Euro area countries, notably during recessions, for the period 1995-2020. We use a time-varying measure of fiscal cyclicality to describe fiscal policy developments. The results suggest that during recessions discretionary fiscal policy...

Persistent link: https://www.econbiz.de/10013321855

Assessing long-term fiscal developments : a new approach

Afonso, António; Agnello, Luca; Furceri, Davide - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...