High government deficits are a matter of concern in many European countries. We examine the effects of several alternative measures intended to reduce public deficits, distinguishing between those acting through either taxes or spending. Our analysis is applied to the Spanish economy, using a computable general equilibrium model.
Keywords: Government deficit, taxes, spending, computable general equilibrium.
DOI: http://dx.doi.org/10.17721/1728-2667.2013/145-4/6
