Cookies?
Library Header Image
LSE Research Online LSE Library Services

Fiscal consolidation during a depression: the current economic pain could not have been avoided but could have been substantially reduced

Van Reenen, John and Bagaria, Nitika (2012) Fiscal consolidation during a depression: the current economic pain could not have been avoided but could have been substantially reduced. British Politics and Policy at LSE (23 Aug 2012) Blog Entry.

[img]
Preview
PDF
Download (110Kb) | Preview

Abstract

John Van Reenen and Nitika Bagaria respond to the recent bad news on government borrowing by modelling three different fiscal consolidation scenarios. They argue that all scenarios point to the economy returning to long-run equilibrium, but note that the policy prescription to delay deficit reduction until after recovery is clearly under way is the most valid.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2012 The Authors
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
Sets: Departments > Economics
Collections > British Politics and Policy at LSE
Research centres and groups > Centre for Economic Performance (CEP)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 15 Feb 2013 10:51
URL: http://eprints.lse.ac.uk/48553/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only

Downloads

Downloads per month over past year

View more statistics