Sacchi, Agnese; Salotti, Simone - Volkswirtschaftliche Fakultät, … - 2014
We study the relationship between discretionary fiscal policy and macroeconomic stability in 21 OECD countries over the 1985-2012 period. The novelties of our contribution lie in the use of annual panel data, whereas most of the existing evidence is cross-sectional, and more importantly in the...