Austerity : when it works and when it doesn't

• Material Type: 図書
• ISBN: 9780691172217 hardcover; 0691172218 hardcover
• Title: Austerity : when it works and when it doesn't
• Author/Editor: Alberto Alesina, Carlo Favero, and Francesco Giavazzi.
• Author Heading: Alesina, Alberto.; Favero, Carlo A.; Giavazzi, Francesco.
• Publication, Distribution, etc.: Princeton : Princeton University Press (出版)
• Publication Date: [2019]; 著作権日付 : ©2019
• Publication Date (W3CDTF): 2019
• Extent: xii, 276 pages
• Other physical details: illustrations (some color)
• Size: 25 cm
• Place of Publication (Country Code): US
• Text Language Code: eng
• Content Type: text
• Media Type: unmediated
• Carrier Type: volume
• Subject Heading: Recessions.; Fiscal policy.; Financial crises.; Government spending policy.
• LCC: HB3711
• DDC: 338.542
• NDLC: DA72
• Target Audience: 一般
• Note (Content): Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. In this masterful book, three of today's leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Looking at thousands of fiscal measures adopted by sixteen advanced economies since the late 1970s, "Austerity" assesses the relative effectiveness of tax increases and spending cuts at reducing debt. It shows that spending cuts have much smaller costs in terms of output losses than tax increases. Spending cuts can sometimes be associated with output gains in the case of expansionary austerity and are much more successful than tax increases at reducing the growth of debt. The authors also show that austerity is not necessarily the kiss of death for political careers as is often believed, and provide new insights into the recent cases of European austerity after the financial crisis. Bringing needed clarity to one of today's most challenging subjects, "Austerity" charts a sensible approach based on data analysis rather than ideology.
• Note (Bibliography): Includes bibliographical references and index.
• Holding library: 国立国会図書館
• Call No.: DA72-B193
• Data Provider (Database): 国立国会図書館 : 国立国会図書館蔵書; https://ndlsearch.ndl.go.jp
• Bibliographic ID (NDL): 029399107; http://id.ndl.go.jp/bib/029399107
• LC Control Number: 2018959619; https://lccn.loc.gov/2018959619
• OCLC No.: 1032656468; https://www.worldcat.org/oclc/1032656468
• Cataloging Rule: RDA
• Bibliographic Record Category (NDL): 211

• Contents: Introduction. Austerity ; Four contributions of this book ; The punchline in a nutshellTheory. The simple Keynesian model ; The future ; Confidence an...