FISCAL SHOCKS AND REAL WAGES
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AgustΓn S. BΓ©nΓ©trix
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Article
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2011
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John Wiley and Sons
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English
β 434 KB
## ABSTRACT This paper studies the impact of fiscal shocks in a panel of eleven euro area member countries. It contributes to the existing literature by providing new empirical evidence on the effects of different types of spending shocks on real wages. The main finding is that an increase in gover