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    Fiscal Devaluations in EMU

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    Published on Wednesday, June 27, 2012

    Fiscal Devaluations in EMU

    Summary

    Our simulations results point to positive significant effects of a fiscal devaluation on GDP and employment in Spain, similar to the ones that could be obtained with a exchange rate devaluation

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    BBVA Research BBVA Research

    Documents and files

    Abstract (PDF)

    Abstract_WP__211_tcm348-338125.pdf

    English - June 27, 2012

    Report (PDF)

    WP_1211_tcm348-338126.pdf

    English - June 27, 2012

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