The Permanent Effects of Fiscal Consolidations by Lawrence H. Summers, Antonio Fatás published by Centre for Economic Policy Research (2015). The global financial crisis has permanently lowered the path of GDP in all advanced economies. At the same time, and…
The motives to borrow by Antonio Fatás, Atish R. Ghosh, Ugo Panizza and Andrea F. Presbitero published by IMF, indicated by Alvaro Manoel (5/2019). “Governments issue debt for good and bad reasons. While the good reasons – intertemporal tax-smoothing,…
“Fiscal policy and the current account” by S. M. Ali Abbas, Jacques Bouhga-Hagbe, Antonio Fatás, Paolo Mauro and Ricardo Cicchelli Velloso.The authors use data from a large and diverse panel of countries to answer the question of what impact…
