Expansionary contractions and fiscal free lunches: too good to be true?
KeywordFiscal policy; Expansionary contractions; Fiscal free lunches; Austerity versus stimulus; Zero lower bound
Rights© The editors of The Scandinavian Journal of Economics 2017. This is the peer reviewed version of the following article: [Mcmanus M, Ozkan FG and Trzeciakiewicz D (2019) Expansionary contractions and fiscal free lunches: too good to be true? The Scandinavian Journal of Economics. 121(1): 32-54.], which has been published in final form at http://dx.doi.org/10.1111/sjoe.12269. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.