Alesina, Alberto
Austerity: When It Works and When It Doesn't
- ISBN 13:
- 9780691208633
- author:
- Alesina, Alberto
- format:
- Paperback / softback
- publisher:
- Princeton University Press
- language:
- English
- Publication Year:
- 2020
- Pages:
- 296
- Dimensions:
- 20.32 x 13.46 x 2.29 centimeters
- Genre:
- Business, Money & Monetary Policy, Business,
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
Austerity When It Works and When It Doesn't by Alberto Alesina, Carlo Favero, and Francesco Giavazzi offers a nuanced exploration of fiscal austerity. The authors cut through the controversy surrounding this economic policy, presenting data-driven insights that challenge prevailing assumptions. Their analysis reveals that there is no one-size-fits-all approach to austerity, and that tax increases and spending cuts can have varying effects on reducing debt. This book provides a balanced assessment of the relative effectiveness of different austerity measures, shedding light on the complexities of this issue. By examining the evidence and separating fact from ideology, Alesina, Favero, and Giavazzi provide a valuable contribution to the debate on fiscal policy, one that is grounded in rigorous analysis and data-driven insights.