Saturday 15 September 2012

Timing is everything: fiscal consolidation during depression

From VoxEU.org comes this short audio in which John Van Reenen talks to Viv Davies about fiscal consolidation during a depression. They discuss Van Reenen's recent work on quantifying the costs and benefits of delaying austerity measures until recovery is clearly established. They also discuss whether austerity has gone to far. Van Reenen presents the case for a more federal Europe.

Compare this with the previous posting.

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