Austerity: Too Much of a Good Thing?

Giancarlo Corsetti, 23 June 2012

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Table of Contents
Foreword
Introduction
Giancarlo Corsetti
The austerity question: 'How?' is as important as 'how much?'
Alberto Alesina and Francesco Giavazzi
Spending cuts to improve confidence? No, the arithmetic goes the wrong way
J Bradford DeLong
A time to spend: New insights into the multiplier effect
Pontus Rendahl
The coming revolt against austerity
Charles Wyplosz
The austerity debate: Make haste slowly
Carlo Cottarelli
Fiscal austerity and policy credibility
Marco Buti and Lucio R Pench
Fiscal consolidation: Too much of a good thing?
John Van Reenen
Too early to sound the alarm
Manfred J M Neumann
The impossible hope of an end to austerity
Charles Wyplosz
Weekend elections: Democracy and the fiscal compact
Francesco Daveri
Is high public debt harmful for economic growth? New evidence
Ugo Panizza and Andrea F Presbitero
Has austerity gone too far?
Giancarlo Corsetti

Giancarlo Corsetti

Professor of Macroeconomics, University of Cambridge and Programme Director, CEPR