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Mar 4, 2012

Macroeconomics

Alesina on fiscal deficits, multipliers, and more (January 2012).


". . . [M]emories of hyperinflation are there to last, whereas those of less drastic inflation experiences tend to erode after around 10 to 15 years (September 2009)."


". . . [G]overnments choose higher levels of public debt when financial markets become internationally integrated and inequality increases (February 2012)."
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