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- Author: Heydarov Zaur
- Publisher: AV Akademikerverlag
- Year: 2014
- Pages: 64
- ISBN-10: 3639476956
- ISBN-13: 9783639476958
- Format: 15.2 x 22.9 x 0.4 cm, minkšti viršeliai
- Language: English
- SAVE -10% with code: EXTRA
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Description
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.
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- Author: Heydarov Zaur
- Publisher: AV Akademikerverlag
- Year: 2014
- Pages: 64
- ISBN-10: 3639476956
- ISBN-13: 9783639476958
- Format: 15.2 x 22.9 x 0.4 cm, minkšti viršeliai
- Language: English English
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.
Reviews