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60 p, 2.1 MB Fiscal consolidation programs and income inequality / Brinca, Pedro ; Ferreira, Miguel H. ; Franco, Francesco ; Holter, Hans A. ; Malafry, Laurence
Following the Great Recession, many European countries implemented fiscal consolidation policies aimed at reducing government debt. Using three independent data sources and three different empirical approaches, we document a strong positive relationship between higher income inequality and stronger recessive impacts of fiscal consolidation programs across time and place. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.

2017 (ADEMU Working Paper Series ; 78)  

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