Giavazzi, Francesco; Jappelli, Tullio; Pagano, Marco; … - In: Monetary and Economic Studies 23 (2005) S1, pp. 197-217
Data revisions and the availability of a longer sample offer the opportunity to reconsider empirical findings that suggest that in the OECD countries national saving responds non-monotonically to fiscal policy. The paper confirms that the circumstance most likely to give rise to a non-monotonic...