Ricardian fiscal regimes in the European Union

By António Afonso. Social Science Research Network, 2008

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Fiscal policy responsiveness, persistence, and discretion (2010, unknown): “…countries (Fiorito and Kollintzas 1994; Galí 1994; Fiorito 1997; Hallerberg and Strauch 2002; Sorensen et al. 2001; Afonso and González Alegre 2008; Afonso 2008) while it is pro-cyclical in developing countries (Gavin and Perotti 1997a, 1997b; Braun 2001; Kaminsky et al. 2004; Talvi and Vegh…”
The impact of extreme weather events on budget balances (2009, unknown): “Extreme weather events are a special type of natural disasters, so called ”hydrometeorological” ones, caused by storm and precipitation, including floods, as well as intense heat.(1) The broader concept ”natural disaster” is defined as situations or events that cause human and material damage at a s”
Expansionary fiscal consolidations in Europe: new evidence (2010, background): “Indeed, currency devaluations before or during ————— 2 For instance, Afonso (2005b) reports evidence of overall government Ricardian behaviour in the EU15.”
The macroeconomic effects of fiscal policy (2012, methodology): “In addition, Afonso (2010) finds some evidence of expansionary fiscal consolidations, for a few budgetary items (general government final consumption, social transfers and taxes).”
Fiscal Behaviour in the European Union: Rules, Fiscal Decentralization and Government Indebtedness (2009, background): “Additionally, the results reported by Afonso (2008a) also indicate that primary balances”