Threshold effect of fiscal policy on private consumption :
Using a threshold regression model, we analyse the impact of fiscal policy on private consumption in Tunisia, over the 1975-2010 period. Our empirical results revealed that public expenditure and tax revenues have Keynesian effects on consumption, when private debt/GDP ratio is below 48 %. This effe...
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| Format: | Article |
| Language: | English |
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Editura ASE Bucuresti
2016-03-01
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| Series: | Romanian Economic Journal |
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| Online Access: | http://www.rejournal.eu/article/threshold-effect-fiscal-policy-private-consumption-evidence-tunisia-0 |