Fiscal policy after the financial crisis
By: edited by Alberto Alesina and Francesco Giavazzi
Series: National Bureau of Economic Research conference report; National Bureau of Economic Research conference report
Publisher: The University of Chicago Press
Published: 2013
Language: eng
Number of pages: 585
ISBN-13: 9780226018447; 9780226018584
Copyright date: 2013
Subjects: Congresses; Fiscal policy
Description: The recent recession has brought fiscal policy back to the forefront, with economists & policy makers struggling to reach a consensus on issues such as tax rates & government spending. At the heart of the debate are fiscal multipliers, whose size & sensitivity determine the power of such policies to influence economic growth.
Notes: Includes bibliographical references and index.
Table of contents: title: Introduction / Alberto Alesina and Francesco Giavazzi; title: Government Spending and Private Activity / Valerie A. Ramey; title: Comment: Roberto Perotti; title: Fiscal Multipliers in Recession and Expansion / Alan J. Auerbach and Yuriy Gorodnichenko; title: Comment: Robert E. Hall; title: The Household Effects of Government Spending / Francesco Giavazzi and Michael McMahon; title: Comment: Lawrence J.Christiano; title: The Role of Growth Slowdowns and Forecast Errors in Public Debt Crises / William Easterly; title: Comment: Indira Rajaraman; title: Game Over: Simulating Unsustainable Fiscal Policy / Richard W. Evans, Laurence J. Kotlikoff, and Kerk L. Phillips; title: Comment: Douglas W. Elmendorf; title: How Do Laffer Curves Differ Across Countries? / Mathias Trabandt and Harald Uhlig; title: Comment: Jaume Ventura; title: Perceptions and Misperceptions of Fiscal Inflation / Eric M. Leeper and Todd B. Walker; title: Comment: Jordi Galí; title: The 'Austerity Myth': Gain without Pain? / Roberto Perotti; title: Comment: Philip R. Lane; title: Can Public Sector Wage Bills Be Reduced? / Pierre Cahuc and Stephane Carcillo; title: Comment: Paolo Pinotti; title: Entitlement Reforms in Europe: Policy Mixes in the Current Pension Reform Process / Axel H. Börsch-Supan; title: Comment: David A. Wise; title: 'Fiscal Devaluation' and Fiscal Consolidation: The VAT in Troubled Times / Ruud de Mooij and Michael Keen; title: Comment: James M.Poterba; title: Fiscal Rules: Theoretical Issues and Historical Experiences / Charles Wyplosz; title: Comment: Lucio R. Pench; title: The Electoral Consequences of Large Fiscal Adjustments / Alberto Alesina, Dorian Carloni, and Giampaolo Lecce; title: Comment: Thomas Romer.