Fiscal Consolidation and Growth in the Eurozone: Effects of Austerity Measures on Growth and Employment in the Eurozone - Zaur Heydarov - Books - AV Akademikerverlag - 9783639476958 - November 19, 2014
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Zaur Heydarov
Fiscal Consolidation and Growth in the Eurozone: Effects of Austerity Measures on Growth and Employment in the Eurozone

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This study investigates the short-run impact of fiscal consolidation on economic growth in Eurozone since Global Financial Crisis. The paper exclusively focuses on the effects of fiscal policy on economic growth in the short-run without covering the long term relationship since there is a general consensus that fiscal consolidation has direct and indirect positive effects on growth. We find negative short-run correlation between fiscal consolidation and growth in the Eurozone. Fiscal consolidation during a fragile economic recovery will dampen aggregate demand and increase unemployment in the short-run.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released November 19, 2014
ISBN13 9783639476958
Publishers AV Akademikerverlag
Pages 64
Dimensions 4 × 150 × 220 mm   ·   113 g
Language German  

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