상세정보

1. Introduction	
    Austerity	
    Four Contributions of This Book	
    The Punchline in a Nutshell	
    Organization of the Book	

2. Theory	
    Introduction	
    The Simple Keynesian Model	
    The Future	
    Confidence and Uncertainty
    Austerity and the Business Cycle	
    Multiyear Plans	
    Incentives and the Supply Side	
    Accompanying Policies	
    Conclusions	

3. Expansionary and Recessionary Austerity up to the Financial Crisis of 2008	
    Introduction	
    Expansionary Austerity	
    Recessionary Austerity	
    Conclusions	

4. Measuring The Effects Of Fiscal Policy	
    Introduction	
    The Empirical Evidence	
    Multipliers during Austerity: The Early Literature	
    The Narrative Approach	
    Conclusions	

5. Fiscal Plans	
    Introduction	
    Constructing Fiscal Plans
    Measuring the Effects of Fiscal Plans
    Conclusions	

6. The Data	
    Introduction: A Broad Look at Our Data	
    The Data in More Detail	
    Other Data and Sources	
    Conclusions	

7. The Effects of Austerity	
    Introduction	
    Taxes versus Expenditures	
    The Role of Accompanying Policies	
    An Alter native Specification	
    Why Do EB and TB Plans Have Different Effects?	
    Conclusions	
8. European Austerity during the Great Recession	
    Introduction	
    Europe in the Aftermath of the Financial Crisis	
    European Austerity	
    Evaluating European Austerity in 2010-14	
    The Greek Tragedy	
    Did Fiscal Multipliers Change after the Crisis?	
    Conclusions	

9. When Austerity?	
    Introduction	
    Fiscal Policy in Booms and Recessions	
    "How" and "When"	
    The "When" and the How" Together	
    Austerity at the Zero Lower Bound	
    Conclusions	

10. Austerity and Elections	
    Introduction	
    Existing Evidence	
    Fiscal Plans and Elections	
    A Few Examples	
    Discussion	
    Conclusions	

11. Conclusions	

12. The Models in Our Book: A User''s Guide	
    Introduction	
    Why Simulating Models? A Simple Example	
    Our Empirical Models: An Overview
    The Models Used in the Literature to Measure Multipliers	
    The Models in Chapter 7	
    Fiscal Adjustments and the Dynamics of Debt over GDP	
    TB versus EB Austerity in a General Equilibrium Model	
    Reconsidering Blanch aid and Leigh (2014) in Chapter 8	
    The Model of "How" and "When" in Chapter 9	
    Who Adjusts and Who Wins: More Details on the Model for Chapter 10	
Notes	
References	
Index