NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why

Christina D. Romer, David H. Romer

NBER Working Paper No. 25768
Issued in April 2019

---- Acknowledgments ----

We are grateful to James Church for assistance with data, to Olivier Blanchard, Janice Eberly, Patrick Honohan, Lars Jonung, Philip Lane, Edward Nelson, Maurice Obstfeld, James Stock, Phillip Swagel, Brookings Panel participants, and seminar participants at the University of California, Berkeley for helpful comments, and to the University of Edinburgh for support during early stages of this project through the UK Economic and Social Research Council, award reference ES/L990633/1. 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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