Austerity : when it works and when it doesn't

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The item Austerity : when it works and when it doesn't represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.
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Summary: The term "austerity" indicates a policy of sizeable reduction of government deficits and stabilization of government debt achieved by means of spending cuts or tax increases, or both. This book examines the costs of austerity in terms of lost output, what types of austerity policies can achieve the stated goals at the lowest costs, and the electoral effects for governments implementing these policies. Looking at thousands of fiscal measures adopted by sixteen economies since the late 1970s, this book assesses the relative effectiveness of tax increases and spending cuts at reducing debts

Work

Summary: The term "austerity" indicates a policy of sizeable reduction of government deficits and stabilization of government debt achieved by means of spending cuts or tax increases, or both. This book examines the costs of austerity in terms of lost output, what types of austerity policies can achieve the stated goals at the lowest costs, and the electoral effects for governments implementing these policies. Looking at thousands of fiscal measures adopted by sixteen economies since the late 1970s, this book assesses the relative effectiveness of tax increases and spending cuts at reducing debts

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