Gechert, Sebastian; Rannenberg, Ansgar - In: Vierteljahrshefte zur Wirtschaftsforschung 84 (2015) 3, pp. 47-59
fiscal consolidation would have strongly reduced the output contraction as compared to the actual path of GDP, but would have … been much more effective at lowering the debt-to-GDP ratio than the actual fiscal consolidation. A more cautious …. We combine the fiscal multipliers from the meta regression analysis in Gechert and Rannenberg (2014) to the fiscal …