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Fiscal consolidation during a depression: the current economic pain could not have been avoided but could have been substantially reduced
| Content Provider | Semantic Scholar |
|---|---|
| Author | Reenen, John Van Bagaria, Nitika |
| Copyright Year | 2012 |
| Abstract | John Van Reenen and Nitika Bagaria respond to the recent bad news on government borrowing by modelling three different fiscal consolidation scenarios. They argue that all scenarios point to the economy returning to long-run equilibrium, but note that the policy prescription to delay deficit reduction until after recovery is clearly under way is the most valid. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://eprints.lse.ac.uk/48553/1/__Libfile_repository_Content_LSE%20British%20Politics%20and%20Policy%20Blog_2012_Aug_2012_TO_DO_blogs.lse.ac.uk-Fiscal_Consolidation_during_a_Depression_the_current_economic_pain_could_not_have_been_avoided_but_co.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |