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Please use this identifier to cite or link to this item: http://hdl.handle.net/2262/58757

Title: The impact of fiscal shocks on the Irish economy
Author: Bénétrix, Agustín S.
Lane, Philip R.
Keywords: Fiscal policy
Ireland
Shocks
Exchange rate
Issue Date: 2009
Publisher: Economic & Social Research Institute
Citation: Bénétrix, Agustín S.; Lane, Philip R. 'The impact of fiscal shocks on the Irish economy'. - Economic & Social Review, Vol. 40, No. 4, Winter, 2009, pp. 407–434, Dublin: Economic & Social Research Institute
Abstract: We study the short-run effects of shocks to government spending on Ireland’s output and its real exchange rate. We show that the impact of government spending shocks critically depend on the nature of the fiscal innovation. Our main finding is that there are important differences between shocks to public investment and shocks to government consumption. Moreover, within the latter category, shocks to the wage and non-wage components also have dissimilar effects.
URI: http://hdl.handle.net/2262/58757
ISSN: 00129984
Appears in Collections:The Economic and Social Review, Vol. 40, No. 4, Winter, 2009
Economic and Social Review Archive: Complete Collection 1969-

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