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Fiscal Consolidation During a Depression

Published online by Cambridge University Press:  26 March 2020

Nitika Bagaria ,
Dawn Holland  and
John Van Reenen
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Abstract

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Type
The World Economy
Information
National Institute Economic Review , Volume 221 , July 2012 , pp. F42 - F54
Copyright
Copyright © 2012 National Institute of Economic and Social Research

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Footnotes

∗

London School of Economics and Centre for Economic Performance. E-mails: [email protected] and [email protected].

∗∗

E-mail: [email protected]. The authors are grateful to Simon Kirby, who provided the details on the UK budget plans in table 1 that underlie all the scenarios in this note, as well as the UK forecast baseline reported in figures 9–11. We would also like to thank Angus Armstrong, Richard Layard and Jonathan Portes for useful discussion and comments on the modelling work and paper. All errors remain our own.

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