Fiscal consolidation in times of crisis: is the sooner really the better?

Recent evidence has renewed views on the size of fiscal multipliers. It is notably emphasized that fiscal multipliers are higher in times of crisis. Starting from this literature, we develop a simple and tractable model to deal with the fiscal strategy led by euro area countries. Constrained by fisc...

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Autors principals: Blot, Christophe, Cochard, Marion, Creel, Jérôme, Ducoudré, Bruno, Schweisguth, Danielle, Timbeau, Xavier
Format: Article ou chapitre numérique
Idioma:Français
Publicat: 2014
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Accés en línia:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM

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https://ezproxy.univ-orleans.fr/login?url=https://shs.cairn.info/revue-de-l-ofce-2014-1-page-159?lang=en
https://ezproxy.univ-orleans.fr/login?url=https://doi.org/10.3917/e.reof.132.0159