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Scarring, hysteresis, and investment in Europe
dc.contributor.author | Claeys, Peter Guenther Antoon | es-ES |
dc.contributor.author | Dumont, Béatrice | es-ES |
dc.contributor.author | Larch, Martin | es-ES |
dc.contributor.author | van der Wielen, Wouter | es-ES |
dc.date.accessioned | 2023-05-29T10:41:05Z | |
dc.date.available | 2023-05-29T10:41:05Z | |
dc.date.issued | 2023-02-06 | es_ES |
dc.identifier | https://cepr.org/voxeu/columns/scarring-hysteresis-and-investment-europe | es_ES |
dc.identifier.uri | http://hdl.handle.net/11531/78484 | |
dc.description | Página Web | es_ES |
dc.description.abstract | - | es-ES |
dc.description.abstract | Major economic downturns have left important scars in the path of economic expansion, despite forceful and regular attempts to support aggregate demand. This column summarises discussions at a recent workshop on scarring effects and strategies to avert or minimise them. Fiscal policy can play an important role in limiting hysteresis – a term coined in the 1980s – particularly by promoting government and private investment. However, the political economy of fiscal policymaking typically trades off long-term benefits for short-term gains. | en-GB |
dc.format.mimetype | application/octet-stream | es_ES |
dc.language.iso | en-GB | es_ES |
dc.rights | es_ES | |
dc.rights.uri | es_ES | |
dc.source | Descripción: Vox EU Página Inicio: en línea Página Fin: en línea | es_ES |
dc.title | Scarring, hysteresis, and investment in Europe | es_ES |
dc.type | info:eu-repo/semantics/other | es_ES |
dc.description.version | info:eu-repo/semantics/publishedVersion | es_ES |
dc.rights.holder | No hay posibilidad de descargar el texto | es_ES |
dc.rights.accessRights | info:eu-repo/semantics/restrictedAccess | es_ES |
dc.keywords | . | es-ES |
dc.keywords | Economic downturns, Scarring effects, Fiscal policy, Hysteresis | en-GB |
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