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Fiscal Policy after the Financial Crisis
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Fiscal Policy after the Financial Crisis

Alberto Alesina and Francesco Giavazzi

Abstract

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 such as 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. This book 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 polic ... More

Keywords: recession, fiscal policy, economists, policy makers, tax rates, government spending, fiscal multipliers, economic growth, fiscal stimuli, multiplier effect

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780226018447
Published to Chicago Scholarship Online: September 2013 DOI:10.7208/chicago/9780226018584.001.0001

Authors

Affiliations are at time of print publication.

Alberto Alesina, editor

Francesco Giavazzi, editor

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