Alberto Alesina

Austerity

When It Works and When It Doesn't

Buch

Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sens… Mehr

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Produktdetails

Weitere Autoren: Favero, Carlo / Giavazzi, Francesco

ISBN: 978-0-691-20863-3
EAN: 9780691208633
Produktnummer: 33842360
Verlag: University Presses
Sprache: Englisch
Erscheinungsjahr: 2020
Seitenangabe: 296 S.
Masse: H20.3 cm x B13.3 cm x D2.1 cm 392 g
Abbildungen: 35 color + 4 b/w illus. 65 tables.
Gewicht: 392

Über den Autor

Alberto Alesina (1957-2020) was the Nathaniel Ropes Professor of Political Economy at Harvard University. Carlo Favero is the Deutsche Bank Chair in Quantitative Finance and Asset Pricing at Bocconi University in Milan. Francesco Giavazzi is professor of economics at Bocconi University.