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181   $ctxt
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183   $acr
200 00$aFiscal policy after the financial crisis /$fedited by Alberto Alesina and Francesco Giavazzi
210   $aChicago, Ill. ;$aLondon $cUniversity of Chicago Press$dc2013
215   $a1 online resource (596 p.)
225 1 $aNational Bureau of Economic Research Conference Report
300   $aDescription based upon print version of record.
311   $a0-226-01844-X 
320   $aIncludes bibliographical references and indexes.
327   $tFrontmatter --$tContents --$tAcknowledgments --$tIntroduction --$t1. Government Spending and Private Activity --$t2. Fiscal Multipliers in Recession and Expansion --$t3. The Household Effects of Government Spending --$t4. The Role of Growth Slowdowns and Forecast Errors in Public Debt Crises --$t5. Game Over: Simulating Unsustainable Fiscal Policy --$t6. How Do Laffer Curves Differ across Countries? --$t7. Perceptions and Misperceptions of Fiscal Infl ation --$t8. The "Austerity Myth": Gain without Pain? --$t9. Can Public Sector Wage Bills Be Reduced? --$t10. Entitlement Reforms in Europe: Policy Mixes in the Current Pension Reform Process --$t11. "Fiscal Devaluation" and Fiscal Consolidation: The VAT in Troubled Times --$t12. Fiscal Rules: Theoretical Issues and Historical Experiences --$t13. The Electoral Consequences of Large Fiscal Adjustments --$tContributors --$tAuthor Index --$tSubject Index
330   $aThe recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy. A direct intervention in timely debates, Fiscal Policy after the Financial Crisis offers invaluable insights about various responses to the recent financial crisis.
410  0$aNational Bureau of Economic Research conference report.
606   $aFiscal policy$vCongresses
606   $aFiscal policy$zUnited States$vCongresses
615  0$aFiscal policy
615  0$aFiscal policy
676   $a339.5/2
686   $aQL 262$2rvk
701   $aAlesina$b Alberto$0120423
701   $aGiavazzi$b Francesco$0118384
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801  1$bMiAaPQ
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906   $aBOOK
912   $a9910838365903321
996   $aFiscal policy after the financial crisis$94184881
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