1 European University Institute, Via della Piazzuola 43, 50133 Firenze, Italy. · 2 Federal Reserve Bank of Philadelphia, Ten Independence Mall, Philadelphia, PA 19106. · 3 IMF, 700 19th Street NW, Washington, DC 20431. · 4 University of Bonn, Adenauerallee 24-42, 53113 Bonn, Germany.
Abstract
Debt Consolidation and Fiscal Stabilization of Deep Recessions by Giancarlo Corsetti, Keith Kuester, André Meier and Gernot J. Müller. Published in volume 100, issue 2, pages 41-45 of American Economic Review, May 2010