Haan, Jakob de; Wiese, Rasmus - 2020
1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal … fiscal policy is crucial. To control for endogeneity, we use the Augmented Inverse Probability Weighted estimator. Our … neutral fiscal policy. Labour market reforms hurt growth under tight and neutral fiscal policy but are conducive to economic …