The Resource Austerity : when it works and when it doesn't, Alberto Alesina, Carlo Favero, and Francesco Giavazzi

Austerity : when it works and when it doesn't, Alberto Alesina, Carlo Favero, and Francesco Giavazzi

Label
Austerity : when it works and when it doesn't
Title
Austerity
Title remainder
when it works and when it doesn't
Statement of responsibility
Alberto Alesina, Carlo Favero, and Francesco Giavazzi
Creator
Contributor
Author
Subject
Language
eng
Summary
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. In this masterful book, three of today's leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Looking at thousands of fiscal measures adopted by sixteen advanced economies since the late 1970s, "Austerity" assesses the relative effectiveness of tax increases and spending cuts at reducing debt. It shows that spending cuts have much smaller costs in terms of output losses than tax increases. Spending cuts can sometimes be associated with output gains in the case of expansionary austerity and are much more successful than tax increases at reducing the growth of debt. The authors also show that austerity is not necessarily the kiss of death for political careers as is often believed, and provide new insights into the recent cases of European austerity after the financial crisis. Bringing needed clarity to one of today's most challenging subjects, "Austerity" charts a sensible approach based on data analysis rather than ideology
Cataloging source
YDX
http://library.link/vocab/creatorName
Alesina, Alberto
Dewey number
338.542
Illustrations
illustrations
Index
index present
LC call number
HB3711
LC item number
.A44 2019
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Favero, Carlo A.
  • Giavazzi, Francesco
http://library.link/vocab/subjectName
  • Recessions
  • Fiscal policy
  • Financial crises
  • Government spending policy
  • Fiscal policy
  • Recessions
Label
Austerity : when it works and when it doesn't, Alberto Alesina, Carlo Favero, and Francesco Giavazzi
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
  • text
  • still image
Content type code
  • txt
  • sti
Content type MARC source
  • rdacontent
  • rdacontent
Dimensions
25 cm
Extent
xii, 276 pages
Isbn
9780691172217
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations (some color)
System control number
  • (OCoLC)1032656468
  • (YBP)ybp15318271
Label
Austerity : when it works and when it doesn't, Alberto Alesina, Carlo Favero, and Francesco Giavazzi
Publication
Copyright
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
  • text
  • still image
Content type code
  • txt
  • sti
Content type MARC source
  • rdacontent
  • rdacontent
Dimensions
25 cm
Extent
xii, 276 pages
Isbn
9780691172217
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other physical details
illustrations (some color)
System control number
  • (OCoLC)1032656468
  • (YBP)ybp15318271

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