Fiscal Consolidation and Growth in the Eurozone: Effects of Austerity Measures on Growth and Employment in the Eurozone - Zaur Heydarov - Libros - AV Akademikerverlag - 9783639476958 - 19 de noviembre de 2014
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Fiscal Consolidation and Growth in the Eurozone: Effects of Austerity Measures on Growth and Employment in the Eurozone

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This study investigates the short-run impact of fiscal consolidation on economic growth in Eurozone since Global Financial Crisis. The paper exclusively focuses on the effects of fiscal policy on economic growth in the short-run without covering the long term relationship since there is a general consensus that fiscal consolidation has direct and indirect positive effects on growth. We find negative short-run correlation between fiscal consolidation and growth in the Eurozone. Fiscal consolidation during a fragile economic recovery will dampen aggregate demand and increase unemployment in the short-run.

Medios de comunicación Libros     Paperback Book   (Libro con tapa blanda y lomo encolado)
Publicado 19 de noviembre de 2014
ISBN13 9783639476958
Editores AV Akademikerverlag
Páginas 64
Dimensiones 4 × 150 × 220 mm   ·   113 g
Lengua Alemán