Is there an alternative strategy for reducing public debt by 2032?

EMU countries have engaged in fiscal consolidation since 2011. This strategy has proven to be costly in terms of GDP. This cost has been amplified by the fact that fiscal multipliers are high in time of crisis, as recently stressed by the literature. Within this context, we wonder whether t...

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Bibliographic Details
Main Authors: Blot Christophe, Cochard Marion, Creel Jérôme, Ducoudré Bruno, Schweisguth Danielle, Timbeau Xavier
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2014-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1401039B.pdf