Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24246 |
来源ID | Working Paper 24246 |
What do we know about the effects of Austerity? | |
Alberto F. Alesina; Carlo Favero; Francesco Giavazzi | |
发表日期 | 2018-01-29 |
出版年 | 2018 |
语种 | 英语 |
摘要 | This paper summarizes the results of a large recent literature on multi year fiscal plans for deficit reduction (austerity). The key results are that deficit reduction policies based upon spending cuts are much less costly in terms of short run output losses than tax based adjustments. On average fiscal adjustment based upon spending cuts have very small output costs and in some cases they are expansionary. We then discuss which possible models can explain these findings and discuss how the evidence can disentangle them. |
主题 | Macroeconomics ; Public Economics |
URL | https://www.nber.org/papers/w24246 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581920 |
推荐引用方式 GB/T 7714 | Alberto F. Alesina,Carlo Favero,Francesco Giavazzi. What do we know about the effects of Austerity?. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24246.pdf(186KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。