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dc.contributor.authorSchclarek, Alfredoen_US
dc.coverage.temporal1970-2000en_US
dc.date.accessioned2009-01-28T15:52:05Z-
dc.date.available2009-01-28T15:52:05Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/18675-
dc.description.abstractThis paper empirically studies the effects of fiscal policy shocks on private consumption. Further, it tries to determine if the level of government bond yield and the unemployment rate affect that relationship. We use yearly data between 1970 and 2000 for thirty-eight countries, of which half are industrialized and half are developing countries. In general, the estimation results seem to indicate that government consumption shocks have Keynesian effects for both industrial and developing countries. In the case of tax shocks, the evidence suggest that they do not have any effects on private consumption. Furthermore, there is no evidence that favors the hypothesis of expansionary fiscal consolidations.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1310en_US
dc.subject.jelE21en_US
dc.subject.jelC33en_US
dc.subject.jelE62en_US
dc.subject.ddc330en_US
dc.subject.keywordfiscal policyen_US
dc.subject.keywordprivate consumptionen_US
dc.subject.keywordgovernment expenditureen_US
dc.subject.keywordtaxationen_US
dc.subject.keyworddeveloping countriesen_US
dc.subject.stwAntizyklische Finanzpolitiken_US
dc.subject.stwÖffentliche Ausgabenen_US
dc.subject.stwSchocken_US
dc.subject.stwGesamtwirtschaftlicher Konsumen_US
dc.subject.stwSchätzungen_US
dc.subject.stwWelten_US
dc.titleConsumption and Keynesian fiscal policyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn477393810en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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