Revising the European fiscal framework, part 1: Rules by Leonardo D’Amico, Francesco Giavazzi, Veronica Guerrieri, Guido Lorenzoni, Charles-Henri Weymuller published by (1/2022). Over the last few years, there has been a growing consensus that the current rules of the Stability…
Climbing Out of Debt by Alberto Alesina, Carlo A. Favero, and Francesco Giavazzi published by IMF (3/2018) “A new study offers more evidence that cutting spending is less harmful to growth than raising taxes Almost a decade after the…
Assuntos Econômicos
What do we know about the effects of austerity? (Alesina et al.)
What do we know about the effects of austerity? by Alberto F. Alesina, Carlo Favero, and Francesco Giavazzi published by NBER indicated by Alvaro Manoel (1/2018) This paper summarizes the results of a large recent literature on multi year…
Assuntos Econômicos
Austerity: When It Works and When It Doesn’t (Alesina et al.)
Austerity: When It Works and When It Doesn’t by Alberto Alesina, Carlo Favero, and Francesco Giavazzi published by Princeton University Press (2/2019). “A timely and incisive look at austerity measures that succeed—and those that don’t Fiscal austerity is hugely controversial. Opponents argue…
Climbing out of debt by Alberto Alesina, Carlo A. Favero and Francesco Giavazzi published by IMF (3/2018). “What is the best way to reduce debt to sustainable level? That question has taken on renewed importancce since the global financial…
Climbing out of debt by Alberto Alesina, Carlo A. Favero and Francesco Giavazzi published by IMF (3/2018). “…That means interest payments, will eat up a growing share of government spending, leaving less money to deliver public services or take…
What do we know about the effects of austerity by Alberto F. Alesina, Carlo Favero and Francesco Giavazzi published by NBER (1/2018). “This paper summarizes the results of a large recent literature on multi year fiscal plans for deficit…