NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy

Òscar Jordà, Alan M. Taylor

NBER Working Paper No. 19414
Issued in September 2013

---- Acknowledgements -----

The views expressed herein are solely the responsibility of the authors and should not be interpreted as reflecting the views of the Federal Reserve Bank of San Francisco, the Board of Governors of the Federal Reserve System , or the National Bureau of Economic Research. We thank seminar participants at the Federal Reserve Bank of San Francisco, the Swiss National Bank, the NBER Summer Institute, the Bank for International Settlements, the European Commission, and HM Treasury for helpful comments and suggestions. We are particularly grateful to Daniel Leigh for sharing data and Early Elias for outstanding research assistance. All errors are ours.

---- Disclosure of Financial Relationships for Alan M. Taylor -----

Alan M. Taylor has served as an author, consultant or speaker for various policy making institutions and financial sector firms. He served as a Senior Advisor to Morgan Stanley in 2010-11.

return to bibliography page

 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us