Budgetary consolidation under different exchange rate regimes
| Authors | |
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| Publication date | 2012 |
| Journal | Economics Letters |
| Volume | Issue number | 117 | 3 |
| Pages (from-to) | 912-916 |
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| Abstract | Using the IMF’s "action-based" dataset, we show that budgetary consolidation under both the euro and other exchange rate regimes negatively affects GDP growth, while it raises unemployment. However, these effects are more pronounced under the euro. |
| Document type | Article |
| Language | English |
| Published at | https://doi.org/10.1016/j.econlet.2012.07.010 |
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