Browsing Economic and Social Review by Subject "Shocks"

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    • The impact of fiscal shocks on the Irish economy 

      Benetrix, Agustin S.; Lane, Philip R. (Economic & Social StudiesDublin, 2009)
      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. ...