NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Austerity in 2009-2013

Alberto Alesina, Omar Barbiero, Carlo Favero, Francesco Giavazzi, Matteo Paradisi

NBER Working Paper No. 20827
Issued in January 2015

---- Acknowledgments ----

Prepared for the 60th Economic Policy Panel, held on October 24-25, 2014 at EIEF in Rome. We thank Armando Miano and Giulia Giupponi for excellent research assistance. We are grateful to Refet Gurkaynak and two anonymous referees: their comments greatly improved the paper. We also thank Mario Buti, Vitor Constâncio, Paolo Mauro and the members of the Economic Policy Panel for their comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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