The Economic Effects Of Fiscal Consolidation With Debt Feedback
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The past several years of recession and slow recovery have raised much interest on the effect of fiscal stimulus on economic activity, even as high public debts
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This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the po
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This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a
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The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issu
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