TY  - THES
AU  - García Sánchez, Pablo
A3  - Sebastián Gascón, Miguel
PY  - 2013
UR  - https://hdl.handle.net/20.500.14352/36968
AB  - This paper investigates the impact that fiscal policy has on economic activity and sovereign debt during economic downturns in the euro area, mainly Germany and Spain. Our theoretical and empirical framework shows that the feasibility of austerity...
LA  - eng
KW  - Fiscal policy
KW  - Economic activity
KW  - Euro area.
TI  - May Austerity be Counterproductive?
M3  - bachelor thesis
ER  -