AV Akademikerverlag ( 19.11.2014 )
€ 35,90
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.
Buch Details: |
|
ISBN-13: |
978-3-639-47695-8 |
ISBN-10: |
3639476956 |
EAN: |
9783639476958 |
Buchsprache: |
English |
von (Autor): |
Zaur Heydarov |
Seitenanzahl: |
64 |
Veröffentlicht am: |
19.11.2014 |
Kategorie: |
Internationale Wirtschaft |