Fiscal austerity during debt crises

DOI10.1007/S00199-016-1008-XzbMATH Open1398.91434OpenAlexW2546466442MaRDI QIDQ680952FDOQ680952

Cristina Arellano, Yan Bai

Publication date: 29 January 2018

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-016-1008-x

Recommendations

• Public debt and fiscal policy traps
• Labor market distortions under sovereign debt default crises
• Self-fulfilling crises with default and devaluation
• Austerity, assistance and institutions: lessons from the Greek sovereign debt crisis
• The productivity cost of sovereign default: evidence from the European debt crisis

zbMATH Keywords

fiscal policyEuropean debt crisessovereign default

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cited In (8)

• Emigration and fiscal austerity in a depression
• Labor market distortions under sovereign debt default crises
• The impact of bailouts on political turnover and sovereign default risk
• Fiscal policy in debt constrained economies
• Austerity, assistance and institutions: lessons from the Greek sovereign debt crisis
• The bribe rate and long run differences in sovereign borrowing costs
• Debt in the US economy
• Introduction to the special issue on models of debt and debt crises

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