In spite of the rapidly growing research on fiscal multipliers over the recent years, little evidence has been so far accumulated in developing and emerging economies. This paper investigates the nature and the size of fiscal multipliers in Central and Eastern European Countries (CEEC). Unlike...

The continuing influx of refugees in Europe has sparked a debate about the consequences of this shock on public finances. This paper uses quarterly data for a sample of 26 European countries over the period 2001-2012 to investigate the impact of refugee inflow on public spending. We use a Panel...