Structural Adjustment and Unemployment in Selected Eurozone Countries

被引：7

作者：

Canale, Rosaria Rita ^{[1
]}

Liotti, Giorgio ^{[1
]}

机构：

[1] Univ Naples Parthenope, Dept Business & Econ Studies, I-80133 Naples, Italy

来源：

AUSTRALIAN ECONOMIC REVIEW | 2015年 / 48卷 / 02期

关键词：

UNIT-ROOT TESTS; PANEL-DATA; FISCAL-POLICY;

D O I：

10.1111/1467-8462.12094

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Although not always painless, sound public finance as an objective in the Eurozone generally goes unquestioned. The aim of this article is to investigate the effects of structural adjustment on unemployment in selected Eurozone countries from 2000 to 2013. The estimates suggest that fiscal tightening, especially in declining macroeconomic conditions, will tend to increase the unemployment rate. The results suggest that if the reduction in structural deficit has to be considered an objective to achieve per se, it should be pursued in times of growth.

引用

页码：113 / 121

页数：9

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