Kirchner, Markus; Cimadomo, Jacopo; Hauptmeier, Sebastian - Tinbergen Instituut - 2010
This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying...
