IMF Working Papers

Subject: Consumption, Fiscal devaluation, International trade, National accounts, Personal income tax, Tax policy, Taxes, Trade balance, Value-added tax

Keywords: Consumption, currency union, current account, deficit in Southern European countries, devaluation in Southern European countries, euro area, expenditure switching, expenditure switching effect, Fiscal devaluation, fiscal devaluation in Southern European countries, fiscal policy, households in Southern European countries, imperfect competition, open economy, output effect, Personal income tax, Southern Europe, Southern European countries, Southern European countries of the Southern European countries, Trade balance, trade balance effect, Value-added tax, WP