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Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity
0 references·16 citing·49 second hopsampled
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The Political Economy of Reforms (2006)Financial markets’ behavior around episodes of large changes in the fiscal stance (2008)Successful Austerity in the United States, Europe and Japan (2012)Why Are Stabilizations Delayed?Political Parties and Macroeconomic Policy (1977)Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism (1995)Do political variables affect fiscal policy adjustment decisions? New empirical evidence (2007)The impact of political leaders' profession and education on reforms (2008)Does government ideology influence budget composition? Empirical evidence from OECD countries (2010)The Dynamic Effects of Aggregate Demand and Supply Disturbances (1988)Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries (1990)Oil price shocks and real GDP growth: empirical evidence for some OECD countries (2005)Impact of oil price shocks on output, inflation and the real exchange rate: evidence from selected ASEAN countries (2015)Natural resources commodity prices volatility and economic performance: Evidence from China pre and post COVID-19 (2021)The relationship among oil prices volatility, inflation rate, and sustainable economic growth: Evidence from top oil importer and exporter countries (2022)Some Unpleasant Monetarist Arithmetic (1981)Debt, Deficits, and Finite Horizons (1985)The Size and Role of Automatic Fiscal Stabilizers in the 1990s and Beyond (2000)An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (2002)The Economic Effects of Constitutions (2003)Fiscal Multipliers and the State of the Economy (2012)How Does Fiscal Consolidation Impact on Income Inequality? (2012)The output effect of fiscal consolidation plans (2014)Staggered Prices in a Utility-Maximizing Framework (1996)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Debt Consolidation and Fiscal Stabilization of Deep Recessions (2010)Targeted transfers and the fiscal response to the great recession (2012)Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries (1990)Fiscal Expansions and Adjustments in OECD Countries (1995)The Design of Fiscal Adjustments (2013)Are Government Bonds Net Wealth? (1974)On the mechanics of economic development (1988)Handbook of Labor Economics (1989)Fiscal Policy and Financial Depth (2004)COVID-19: hotel industry response to the pandemic evolution and to the public sector economic measures (2020)The influences of government spending on energy poverty: Evidence from developing countries (2021)Estimating Vector Autoregressions with Panel Data (1988)Estimating long-run relationships from dynamic heterogeneous panels (1995)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Fiscal multipliers in turbulent times: the case of Spain (2015)Is fiscal policy always counter- (pro-) cyclical? The role of public debt and fiscal rules (2017)Why do fiscal multipliers depend on fiscal Positions? (2019)Fiscal policy and interest rates in Europe (2006)The Macroeconomics of Fiscal Consolidations in a Monetary Union: The Case of Italy (2010)The "Austerity Myth": Gain Without Pain? (2011)
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  • 1997Fiscal crises and aggregate demand: can high public debt reverse the effects of fiscal policy?405 cited
  • 2009Large Changes in Fiscal Policy: Taxes Versus Spending399 cited
  • 1996An Empirical Analysis of Fiscal Adjustments297 cited
  • 2004Fiscal stabilizations: When do they work and why257 cited
  • 2011Fiscal Stimulus with Spending Reversals241 cited
  • 1996Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects232 cited
  • 2004Does right or left matter? Cabinets, credibility and fiscal adjustments216 cited
  • 2002The Effectiveness of Fiscal Policy in Stimulating Economic Activity203 cited
  • 2013Fiscal Stimulus in Times of High Debt: Reconsidering Multipliers and Twin Deficits166 cited
  • 2006The sources of macroeconomic fluctuations in oil exporting countries: A comparative study164 cited
  • 2006Choosing (and Reneging on) Exchange Rate Regimes152 cited
  • 1996Fiscal Consolidation in Europe: Composition Matters149 cited
  • 1998The Stability Pact: Safeguarding the Credibility of the European Central Bank147 cited
  • 2012Uncertain Fiscal Consolidations146 cited
  • 2011

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Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008
125 cited
  • 2001Fiscal consolidation under fixed exchange rates117 cited