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May 8, 2024 · Alesina, Alberto, Carlo Favero, and Francesco Giavazzi. 2015. The output effect of fiscal consolidation plans. Journal of International Economics 96: S19–S42.
May 23, 2024 · First published: 23 May 2024. https://doi.org/10.1111/ecca.12534. Read the full text. Tools. Share. Abstract. This paper revisits the conventional but unproven wisdom that voters penalize governments for adopting fiscal austerity in a sample of advanced economies.
May 4, 2024 · Alesina is the Nathaniel Ropes Professor of Political Economy at Harvard University, has been Tommaso Padoa-Schioppa Visiting Professor at Bocconi University twice and is affiliated with IGIER Bocconi; Favero is a Finance Professor and Giavazzi an Economics Professor at Bocconi.
May 15, 2024 · Source: Alesina et al. and Devries et al. . Fiscal adjustments can affect a wide range of budgetary areas. We focus on the consistent and strong impact of austerity on policies that are important to vulnerable voters, such as social transfers and other welfare state policies.
May 9, 2024 · Not only that: Pierfrancesco has already started down a path dedicated to research that has led him to collaborate as a visiting student of IGIER Bocconi research center, with professors such as Francesco Giavazzi, Alberto Alesina and Carlo Favero.
May 10, 2024 · It is myopic in that its sole objective is to maximize its spending over the period, and self-interested in that spending does not directly augment the economy’s endowment or private consumption. The assumption on myopia is in the spirit of Alesina and Tabellini (1990) that politicians discount the future at a greater rate than does the ...
5 days ago · Alesina, Alberto, Carlo Favero, and Francesco Giavazzi, “Effects of austerity: Expenditure- and tax-based approaches.” Journal of Economic Perspectives, Vol. 33 (2019), pp. 141-162. Argues that tax-based adjustments are more costly than expenditure-based fiscal adjustments. Available by clicking on the title.
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