select ad.sno,ad.journal,ad.title,ad.author_names,ad.abstract,ad.abstractlink,j.j_name,vi.* from articles_data ad left join journals j on j.journal=ad.journal left join vol_issues vi on vi.issue_id_en=ad.issue_id where ad.sno_en='11312' and ad.lang_id='6' and j.lang_id='6' and vi.lang_id='6' Discretionary Fiscal Policy Measures and Growth in the Selec | 11312
株式と外国為替取引のジャーナル

株式と外国為替取引のジャーナル
オープンアクセス

ISSN: 2168-9458

概要

Discretionary Fiscal Policy Measures and Growth in the Selected Eurozone Countries

Rosaria Rita Canale* and Giorgio Liotti

The aim of the paper is to evaluate the effects on growth of discretionary fiscal policy measures in selected Eurozone countries in the period ranging from 2001 to 2013. The analysis suggests a positive effect of discretionary fiscal policy measures on GDP and support the conclusion that structural public balance adjustments have negative effects on growth irrespective of macroeconomic conditions. These results show that, if the reduction of the structural balance has to be considered as an objective to be achieved per se, such a goal should not be pursued in times of deteriorating macroeconomic conditions.

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