The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...

This volume was prepared by Marc Piopiunik while he has been working at the Ifo Institute. It was completed in June 2011 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes four self-contained empirical studies. All studies aim at...