The output effect of fiscal consolidation plans

By A. Alesina, Carlo A. Favero, Francesco Giavazzi. 2015

324 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/48c01e2417f29fb9afeca0ff4690879e570ec061

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In Economics and Econometrics

1. Y. Gorodnichenko
2. Alan J. Auerbach
3. Francesco Giavazzi
4. Matteo Paradisi
5. A. Alesina
6. Carlo A. Favero
7. Omar Barbiero
8. V. Ramey

Citations in the corpus

• The Effects of Fiscal Consolidations: Theory and Evidence (2017, background): “Previous work by Alesina et al. (2015) and Alesina et al. (2016) on consolidation measures in 2009-2013 also did not find different effects on the economy compared to earlier fiscal consolidations carried out in ”normal” times.”
• Fiscal Stimulus and Fiscal Sustainability (2017, methodology): “(2011) and updated by Alesina et al. (2016). These are narrative shocks identified as in Romer and Romer (2010) and are measured as a percent of GDP. The shocks are available for 17 OECD countries and cover the period between 1980 and 2014. In contrast to other fiscal shocks we use, the fiscal conso”