Is there an alternative strategy for reducing public debt by 2032?
EMU countries have engaged in fiscal consolidation since 2011. This strategy has proven to be costly in terms of GDP. This cost has been amplified by the fact that fiscal multipliers are high in time of crisis, as recently stressed by the literature. Within this context, we wonder whether t...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
Economists' Association of Vojvodina
2014-01-01
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Series: | Panoeconomicus |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1401039B.pdf |