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Published on Thursday, June 28, 2012 | Updated on Monday, May 12, 2014

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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Abstract (PDF)

Abstract

English - June 28, 2012

Report (PDF)

WP_1211_tcm348-338126

English - June 28, 2012

Authors

José Emilio Boscá
José Emilio Boscá University of Valencia & Fedea More information
Rafael Doménech
Rafael Doménech Head of Economic analysis
BBVA Research
More information
Javier Ferri
Javier Ferri University of Valencia & Fedea More information

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