IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v25y2018i16p1179-1182.html
   My bibliography  Save this article

Fiscal consolidation in Europe: has it worked?

Author

Listed:
  • Juan Carlos Cuestas
  • Javier Ordóñez

Abstract

The aim of this article is to shed some light on the issue of fiscal austerity within Europe. We focus specifically on the 2008Q1–2014Q4 period, and on the effect of shocks to government expenditure and taxes on unemployment, controlling for other macro factors. We find that expenditure contractions may be detrimental for employment.

Suggested Citation

  • Juan Carlos Cuestas & Javier Ordóñez, 2018. "Fiscal consolidation in Europe: has it worked?," Applied Economics Letters, Taylor & Francis Journals, vol. 25(16), pages 1179-1182, September.
    • Handle: RePEc:taf:apeclt:v:25:y:2018:i:16:p:1179-1182
    DOI: 10.1080/13504851.2017.1406650
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2017.1406650
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2017.1406650?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ibrar Hussain & Jawad Hussain & Arshad Ali & Shabir Ahmad, 2021. "A Dynamic Analysis of the Impact of Fiscal Adjustment on Economic Growth: Evidence From Pakistan," SAGE Open, , vol. 11(2), pages 21582440211, June.
    2. Cuestas Juan Carlos & Ordóñez Javier & Monfort Mercedes, 2021. "Measuring the Cost of Covid-19 in Terms of the Rise in the Unemployment Rate: The Case of Spain," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 15(1), pages 112-114, January.
    3. António Afonso & Frederico Silva Leal, 2022. "Fiscal episodes in the Economic and Monetary Union: Elasticities and non‐Keynesian effects," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 571-593, January.
    4. Juan Carlos Cuestas & Mercedes Monfort, 2021. "Current account sustainability in Central and Eastern Europe: structural change and crisis," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 48(1), pages 141-153, February.
    5. Juan Carlos Cuestas & Mercedes Monfort & Javier Ordóñez, 2020. "Is government consumption really crowding out investment? Evidence from the EU28," Working Papers 2020/05, Economics Department, Universitat Jaume I, Castellón (Spain).
    6. Díaz-Roldán Carmen & Filho Fernando Ferrari & da Silva Bichara Julimar, 2021. "Fiscal Rules in Economic Crisis: The Trade-off Between Consolidation and Recovery, from a European Perspective," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 15(1), pages 199-216, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:25:y:2018:i:16:p:1179-1182. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.