HIGHLIGHTS
- who: JEL E et al. from the Faculty of Business Administration and Economics Bielefeld , Bielefeld, Germany have published the Article: Working Papers in Economics and Management No, in the Journal: (JOURNAL)
- what: In this context, the purpose of this study is threefold. The authors assess the degree of fiscal counter-cyclicality in the EU after the year 2000. The authors compare the previous instances in which the EDP was suspended and analyze if the pandemic years 2020 and 2021 were characterized by a significantly stronger counter-cyclical element. The authors demonstrate that, the same as . . .
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