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Assessing Long-Term Fiscal Developments: a New Approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - ISEG - School of Economics and Management, Department … - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the timevarying behaviour of the two components of government spending and revenue – responsiveness and persistence – we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...

Persistent link: https://www.econbiz.de/10005041006

Assessing long-term fiscal developments - a new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - European Central Bank - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue - responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...

Persistent link: https://www.econbiz.de/10005002768

Assessing Long-Term Fiscal Developments: a New Approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - Núcleo de Investigação em Políticas Económicas … - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the time-varying behaviour of the two components of government spending and revenue – responsiveness and persistence – we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...

Persistent link: https://www.econbiz.de/10005771641

Assessing long-term fiscal developments - a new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - 2009

Persistent link: https://www.econbiz.de/10011605078

Assessing long-term fiscal developments: A new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - In: Journal of international money and finance 30 (2011) 1, pp. 130-147

Persistent link: https://www.econbiz.de/10008786940

Assessing Long-Term Fiscal Developments : A New Approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - 2011

We use a new approach to assess long-term fiscal developments. By analyzing the time-varying behaviour of the two components of government spending and revenue - responsiveness and persistence - a feature not captured by automatic stabilisers, we are able to infer about the sources of fiscal...

Persistent link: https://www.econbiz.de/10014183065

Assessing long-term fiscal developments : a new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - In: Journal of international money and finance 30 (2011) 1, pp. 130-146

Persistent link: https://www.econbiz.de/10009268859

Assessing long-term fiscal developments : a new approach

Afonso, António; Agnello, Luca; Furceri, Davide - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...

Persistent link: https://www.econbiz.de/10003832368

Assessing long-term fiscal developments : a new approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - 2009

Persistent link: https://www.econbiz.de/10011571882

Assessing Long-Term Fiscal Developments : A New Approach

Afonso, António; Agnello, Luca; Furceri, Davide; … - 2009

We use a new approach to assess long-term fiscal developments. By analyzing the time-varying behaviour of the two components of government spending and revenue - responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...

Persistent link: https://www.econbiz.de/10014210043