The effects of public spending shocks on trade balances and budget deficits in the European Union

Journal of the European Economic Association

Volumn 6, Issue 2-3, 2008, Pages 414-423

  Beetsma, Roel ^a   Giuliodori, Massimo ^a   Klaassen, Franc ^a  

^a UNIVERSITY OF AMSTERDAM   (Netherlands)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 45849143336     PISSN: 15424766     EISSN: 15424774     Source Type: Journal    
DOI: 10.1162/JEEA.2008.6.2-3.414     Document Type: Article

References (11)

1. Beetsma, Roel, Massimo Giuliodori, and Franc Klaassen (2006). "Trade Spill-overs of Fiscal Policy in the European Union: A Panel Analysis." Economic Policy, 21, 640-687.
2. Corsetti, Giancarlo, and Gernot Müller (2006). "Twin Deficits: Squaring Theory, Evidence and Common-Sense." Economic Policy, 21, 598-638.
3. Favero, Carlo A., and Francesco Giavazzi (2007). "Debt and the Effects of Fiscal Policy." Working paper, IGIER.
4. Kim, Soyoung, and Nouriel Roubini (2003). "Twin Deficit or Twin Divergence: Fiscal Policy, Current Account, and Real Exchange Rate in the US." Working Paper, University of Illinois at Urbana-Champaign and New York University.
5. Lane, Philip R., and Roberto Perotti (1998). "The Trade Balance and Fiscal Policy in the OECD." European Economic Review, 42,887-895.
6. Monacelli, Tommaso, and Roberto Perotti (2006). "Fiscal Policy, the Trade Balance and the Real Exchange Rate: Implications for International Risk Sharing." Working paper, IGIER.
7. OECD (2005). Economic Outlook. June, Paris.
8. Perotti, Roberto (2007). "In Search of the Transmission Mechanism of Fiscal Policy." NBER Working Paper No. 13143.
9. Ramey, Valerie A. (2006). "Identifying Government Spending Shocks: It's All in the Timing." Working paper, University of California at San Diego.
10. Ravn, Morten, Stephanie Schmitt-Grohé, and Martin Uribe (2007). "Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate." Working paper, EUI Florence and Duke University.
11. Van den Noord, Paul (2000). "The Size and Role of Automatic Fiscal Stabilizers in the 1990s and Beyond," OECD Working Paper No. 230.