Construct · 1 fields · 1 citations

expansionary fiscal contraction: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
expansionaryfiscal contraction1 CONSTRUCTExpansionary fiscalGIAVAZZI · MACROECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

the claim that large fiscal consolidations can raise private demand and output by improving expectations about future taxes and debt.

In macroeconomics, expansionary fiscal contraction refers to the claim that large fiscal consolidations can raise private demand and output by improving expectations about future taxes and debt. This meaning comes from Giavazzi (1990) in NBER Macroeconomics Annual.[1]

Unit
Recovery means
Measured by

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Nearby constructs

contraction4 fields · 4 citationsjingle · one word, four constructsdebt3 fields · 3 citationsjingle · one word, three carriersdemand4 fields · 4 citationsjingle · one word, four constructs

References

  1. Giavazzi, F., & Pagano, M. (1990). Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries. NBER Macroeconomics Annual, 5, 75-111. https://doi.org/10.1086/654131

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