Fiscal policy after the financial crisis

by Alesina, Alberto Giavazzi, Francesco

Type Book

Rate 0.0 /5

Details

Files

Reviews

Download

Title Statements

Full title :Fiscal policy after the financial crisis / edited by Alberto Alesinaand Francesco Giavazzi.

Summary

The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced withaspects of the long-term planning governing monetary policy.

Edition Statements

Publication Date:©2013

Publication Statements

Publisher(s):The University of Chicago Press
Place of Publication:Chicago
Language:eng
Publication Date:©2013

Notes

Papers presented at a conference held at the Università commercialeLuigi Bocconi in Milan, Italy, in December, 2011.

The Physical Object

Description:1 ressource en ligne (ix, 585 pages) : : illustrations, cartes.

Edition Identifiers

ISBN:022601858X, 1299605141, 9780226018584, 9781299605145
oclc:on1264668394
LC Classification:HJ192.5
Dewey Decimal:339.5/2

Introduction / Alberto Alesina and Francesco Giavazzi -- Government Spending and Private Activity / Valerie A. Ramey -- Comment: Roberto Perotti -- Fiscal Multipliers in Recession and Expansion / Alan J. Auerbach and Yuriy Gorodnichenko -- Comment: Robert E. Hall -- The Household Effects of Government Spending / Francesco Giavazzi and Michael McMahon -- Comment: Lawrence J. Christiano -- The Role of Growth Slowdowns and Forecast Errors in Public Debt Crises / William Easterly -- Comment: Indira Rajaraman -- Game Over: Simulating Unsustainable Fiscal Policy / Richard W. Evans, Laurence J. Kotlikoff, and Kerk L. Phillips -- Comment: Douglas W. Elmendorf -- How Do Laffer Curves Differ Across Countries? / Mathias Trabandt and Harald Uhlig -- Comment: Jaume Ventura -- Perceptions and Misperceptions of Fiscal Inflation / Eric M. Leeper and Todd B. Walker -- Comment: Jordi Galí -- The 'Austerity Myth': Gain without Pain? / Roberto Perotti -- Comment: Philip R. Lane -- Can Public Sector Wage Bills Be Reduced? / Pierre Cahuc and Stephane Carcillo -- Comment: Paolo Pinotti -- Entitlement Reforms in Europe: Policy Mixes in the Current Pension Reform Process / Axel H. Börsch-Supan -- Comment:…

Subjects

Conference papers and proceedings Crise financière mondiale, 2008-2009 --… e-books Economic history Economic history -- Congresses. -- 21st… Fiscal policy Fiscal policy -- Congresses Fiscal policy -- Congresses. -- United … Global Financial Crisis, 2008-2009 -- C… Histoire économique -- Congrès. -- 21e … Livres numériques Politique fiscale -- Congrès Politique fiscale -- Congrès. -- États-… United States