Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Afonso, A. (2001). Non-Keynesian Effects of Fiscal Policy in EU-15. Working Papers, 2001/07. Department of Economics, Institute for Economics and Business Administration (ISEG), Technical University of Lisbon.
Alesina, A., Ardagna, S., Perotti, R.. & Schiantarelli F. (1999). Fiscal Policy, Profits and Investment. NBER Working Paper, 7207.
Alesina, A. & Ardagna, S. (1998). Tales of fiscal adjustment. Economic Policy, 27.
Alesina, A. & Perotti, R. (1997). Fiscal Adjustment in OECD Countries: Composition and Macroeconomic Effects. IMF Staff Papers, 44(2), 210–248.
Barro, R. (1989). The Neoclassical Approach to Fiscal Policy. [in:] Barro (ed). Modern Business Cycle Theory. Harvard University Press.
Bertola, G. & Drazen, A. (1993). Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity. American Economic Review, 83(1), 11–26.
Bhattacharya, R. (1999). Private Sector Behavior and Non-Keynesian Effects of Fiscal Policy. IMF Working Paper, WP/99/112.
Blanchard, O. (1990). Comment on Giavazzi and Pagano. [in:] Blanchard, O. & Fischer, S. (eds.). NBER Macroeconomics Annual, 5, 111–122. Cambridge, Mass: The MIT Press.
Blanchard, O. & Perotti, R. (1999). An empirical characterization of the dynamic effects of changes in government spending and taxes on output. NBER Working Paper, 7269.
Cambell, J.Y. & Mankiw, N.G. (1990). Permanent Income, Current Income and Consumption. Journal of Business & Economic Statistics, 8(3), 265–79, July.
Cour, P., Dubois, E., Mahfous, S. & Pisani-Ferry, J. (1996). The cost of fiscal retrenchment revisited: How strong is the evidence? Serie des Documents de Travail, G9612, Institut National de la Statistique et des Etudes Economiques, Paris.
Elmendorf, D. & Mankiw, G. (1998). Government Debt. NBER Working Paper, 6470
Fatas, A. & Mihov, I. (2001). The effects of fiscal policy on consumption and employment: Theory and Evidence. mimeo, August, http://faculty.insead.fr/mihov/files/FPandConsumptionAug2001.pdf
Giavazzi, F., Japelli, T. & Pagano, M. (2000). Searching for Non-linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries. NBER Working Paper, 7460, January.
Giavazzi, F. & Pagano, M. (1995). Non-Keynesian effects of fiscal policy changes; international evidence and the Swedish experience. NBER Working Paper, 5332, November.
Giavazzi, F. & Pagano, M. (1990). Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries. [in:] Blanchard, O. & Fischer, S. (eds.). NBER Macroeconomics Annual, 5, 75–116. Cambridge, Mass: The MIT Press.
Hemming, R., Kell, M. & Mahfouz, S. (2002). The Effectiveness of Fiscal Policy in Stimulating Economic Activity — A Review of the Literature. IMF Working Paper, WP/02/208.
Hemming, R., Mahfouz, S. & Schimmelpfennig, A. (2002). Fiscal Policy and Economic Activity During Recessions in Advanced Economies. IMF Working Paper, WP/02/87.
Lane, P. & Perotti, R. (1999). The Importance of Composition of Fiscal Policy: Evidence from Different Exchange Rate Regimes. Trinity College Dublin CEG Working Papers, 200111, Trinity College, Dublin, Economics Department.
Mankiw, N.G. (2002). Macroeconomics (5th ed.). Worth Publishers
McDermott, J. & Wescott, R. (1996). An Empirical Analysis of Fiscal Adjustment. IMF Working Paper, WP/96/59
Miller, S.M. & Russek, F.S. (2003). The Relationship between Large Fiscal Adjustments and Short-Term Output Growth under Alternative Fiscal Policy Regimes. Contemporary Economic Policy, 21(1), 41–58, January.
Perotti, R. (2002). Estimating the effects of fiscal policy in OECD countries. Economics Working Papers, 015, European Network of Economic Policy Research Institutes.
Perotti, R. (1999). Fiscal policy in good times and bad. The Quarterly Journal of Economics, 114(4), 1399–1436, November.
Pozzi, L. (2001). Government debt, imperfect information and fiscal policy effects on private consumption. Evidence for two high debt countries. Working Paper, 2001/125. Faculteit Economie & Bedrijfskunde, Universiteit Gent.
Pozzi, L., Heylen, F. & Dossche, M. (2002). Government debt and excess sensitivity of private consumption to current income: an empirical analysis for OECD countries. Working Papers of Faculty of Economics and Business Administration, 02/155, Ghent University, Belgium.
Seater, J. (1993). Ricardian Equivalence. Journal of Economic Literature, 31(1), 142–90, March.
Sutherland, A. (1997). Fiscal Crises and Aggregate Demand: Can High Public Debt Reverse the Effects of Fiscal Policy? Journal of Public Economics, 65(2), 147–162.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2006 Springer
About this chapter
Cite this chapter
Siwinska, J., Bujak, P. (2006). The Short-Run Macroeconomic Effects of Discretionary Fiscal Policy Changes. In: Dabrowski, M., Rostowski, J. (eds) The Eastern Enlargement of the Eurozone. Springer, Boston, MA. https://doi.org/10.1007/0-387-25766-7_8
Download citation
DOI: https://doi.org/10.1007/0-387-25766-7_8
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-387-25764-8
Online ISBN: 978-0-387-25766-2
eBook Packages: Business and EconomicsEconomics and Finance (R0)