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7. The Effects of Austerity
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Alberto Alesina
, Carlo Favero and Francesco Giavazzi
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Chapters in this book
- Frontmatter i
- CONTENTS vii
- ACKNOWLEDGMENTS xi
- 1. Introduction 1
- 2. Theory 17
- 3. Expansionary and Recessionary Austerity up to the Financial Crisis of 2008 29
- 4. Measuring the Effects of Fiscal Policy 50
- 5. Fiscal Plans 64
- 6. The Data 73
- 7. The Effects of Austerity 95
- 8. European Austerity during the Great Recession 117
- 9. When Austerity? 160
- 10. Austerity and Elections 175
- 11. Conclusions 194
- 12. The Models in Our Book: A User’s Guide 203
- NOTES 251
- REFERENCES 259
- INDEX 267
Chapters in this book
- Frontmatter i
- CONTENTS vii
- ACKNOWLEDGMENTS xi
- 1. Introduction 1
- 2. Theory 17
- 3. Expansionary and Recessionary Austerity up to the Financial Crisis of 2008 29
- 4. Measuring the Effects of Fiscal Policy 50
- 5. Fiscal Plans 64
- 6. The Data 73
- 7. The Effects of Austerity 95
- 8. European Austerity during the Great Recession 117
- 9. When Austerity? 160
- 10. Austerity and Elections 175
- 11. Conclusions 194
- 12. The Models in Our Book: A User’s Guide 203
- NOTES 251
- REFERENCES 259
- INDEX 267