The Permanent Effects of Fiscal Consolidations
This chapter is a preliminary draft unless otherwise noted. It may not have been subjected to the formal review process of the NBER. This page will be updated as the chapter is revised.
Chapter in forthcoming NBER book NBER International Seminar on Macroeconomics 2017, Jeffrey Frankel and Hélène Rey, organizers
The Permanent Effects of Fiscal Consolidations, Antonio Fatás, Lawrence H. Summers