Does austerity work? There’s no proof that it does

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Topics:  Macroeconomic policy

Tags:  debt, GDP growth, austerity, Rogoff-Reinhart debate

11 May 2014

 

Eberhardt,  M. 2013. 'Nonlinearities in the Relationship between Debt and Growth: Evidence from Co-Summability Testing'. CFCM Working Paper 13/06

Eberhardt, M. and Presbitero, A. 2013. 'This Time They're Different: Heterogeneity and Nonlinearity in the Analysis of Debt and Growth'. CFCM Working Paper 13/10

 

 

Markus Eberhardt

Markus Eberhardt

Assistant Professor, School of Economics, University of Nottingham; CEPR Research Affiliate