Book contents
- Frontmatter
- Contents
- Preface and Acknowledgements
- 1 Introduction
- 2 The economics of austerity I
- 3 The economics of austerity II
- 4 The term structure of interest rates
- 5 A simple model
- 6 Austerity in the United Kingdom
- Addendum: options for raising taxation in the UK
- 7 Austerity in the eurozone
- 8 Austerity in the rest of the world
- 9 The optimal time path of government debt (or how should fiscal policy be conducted?)
- 10 Policy in a world where severe deflationary shocks are possible
- 11 Conclusion: when are austerity measures necessary or desirable?
- Appendix: UK Debt–GDP ratios, 1695–2020
- References
- Index
Index
Published online by Cambridge University Press: 28 December 2023
- Frontmatter
- Contents
- Preface and Acknowledgements
- 1 Introduction
- 2 The economics of austerity I
- 3 The economics of austerity II
- 4 The term structure of interest rates
- 5 A simple model
- 6 Austerity in the United Kingdom
- Addendum: options for raising taxation in the UK
- 7 Austerity in the eurozone
- 8 Austerity in the rest of the world
- 9 The optimal time path of government debt (or how should fiscal policy be conducted?)
- 10 Policy in a world where severe deflationary shocks are possible
- 11 Conclusion: when are austerity measures necessary or desirable?
- Appendix: UK Debt–GDP ratios, 1695–2020
- References
- Index
Summary
- Type
- Chapter
- Information
- AusterityWhen Is It a Mistake and When Is It Necessary?, pp. 133 - 135Publisher: Agenda PublishingPrint publication year: 2020