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Browsing ADEMU Working Papers Series by Subject "Fiscal consolidation"

Browsing ADEMU Working Papers Series by Subject "Fiscal consolidation"

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  • Pappa, Evi; Sajedi, Rana; Vella, Eugenia (2016-02)
    An important feature of the current economic conditions in the EU, which challenges the design and implementation of macroeconomic policy, is inflation uncertainty. With monetary policy at the zero lower bound, and inflation ...
  • Brinca, Pedro; Ferreira, Miguel H.; Franco, Francesco; Holter, Hans A.; Malafry, Laurence (2017-11)
    Following the Great Recession, many European countries implemented fiscal consolidation policies aimed at reducing government debt. Using three independent data sources and three different empirical approaches, we document ...
  • Bandeira, Guilherme; Caballé, Jordi; Vella, Eugenia (2018-02)
    High unemployment and fiscal austerity during the recent crisis have led to significant migration outflows from the periphery of the euro area. This paper introduces endogenous migration both for the unemployed and ...

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