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The political economy of government debt by Alberto Alesina and Andrea Passalacqua published by NBER (11/2015), indicated by Alvaro Manoel. This paper critically reviews the literature which explains why and under which circumstances governments accumulate more debt than it…

The Italian situation: Clarification and a prediction by Alberto Alesina and Francesco Giavazzi, published by VOXEU. “As Italy’s Prime Minister Silvio Berlusconi announces a new austerity bill based on tax rises, this column argues that the country’s leaders are…

Fiscal adjustment and the recession, by Alberto Alesina, published by VOXEU. This column presents recent research on the impacts of these policies. It argues that spending cuts are less recessionary than tax increases when deficits are reduced and responds…