Overman, Henry G. ORCID: 0000-0002-3525-7629 (2012) Time for a no risk £30bn stimulus package? Spatial Economics Research Centre Blog (24 May 2012). Website.
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Abstract
I haven't been heavily engaged in arguments about whether the government should currently be borrowing more to try to stimulate the economy. My simplistic take on the argument is that some people think 'the cost of borrowing is low so we should borrow and invest' while others think that 'borrowing more will raise the cost of borrowing'. Distinguishing between these two arguments requires taking a stance on sentiments in the bond markets - a subject on which there appears to be plenty of strong opinion, but precious little evidence.
Item Type: | Online resource (Website) |
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Official URL: | http://spatial-economics.blogspot.co.uk/ |
Additional Information: | © 2012 The Author(s) |
Divisions: | Geography & Environment Spatial Economics Research Centre Centre for Economic Performance What Works Centre |
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor J Political Science > JC Political theory J Political Science > JN Political institutions (Europe) > JN101 Great Britain J Political Science > JS Local government Municipal government |
Date Deposited: | 29 Jun 2017 08:39 |
Last Modified: | 11 Dec 2024 13:09 |
URI: | http://eprints.lse.ac.uk/id/eprint/82693 |
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