Fiscal Policy: Lessons from the Crisis
AbstractThe 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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Bibliographic InfoPaper provided by Bank of Italy, Economic Research and International Relations Area in its series Workshop and Conferences with number 6.
Date of creation: Feb 2011
Date of revision:
fiscal rules; fiscal policy; 2008 crisis;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-23 (All new papers)
- NEP-MAC-2011-04-23 (Macroeconomics)
- NEP-PUB-2011-04-23 (Public Finance)
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