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Fiscal Policy: Lessons from the Crisis

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  • Daniele Franco (editor)

    ()
    (Bank of Italy)

Abstract

The volume collects the essays presented at the 12th Workshop on Public Finance organised by Banca d'Italia in Perugia on 25-27 March 2010. The workshop focused on the implications for fiscal policy analysis of the 2008-09 recession, the most severe at global level since the Great Depression. Session 1 examined the lessons of the crisis for the role of automatic stabilisers and discretionary fiscal policy. Session 2 investigated the effects of policy actions on the economy. Section 3 considered the impact of the crisis on fiscal policy rules and procedures. Section 4 dealt with the economic legacy of the crisis and the policy actions required in the years to come.

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File URL: http://www.bancaditalia.it/pubblicazioni/seminari_convegni/Fiscal_Policy/6_Fiscal_Policy.pdf
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Bibliographic Info

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Workshop and Conferences with number 6.

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Date of creation: Feb 2011
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Handle: RePEc:bdi:workpa:sec_6

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Web page: http://www.bancaditalia.it
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Keywords: fiscal rules; fiscal policy; 2008 crisis;

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