Yes, it’s the economy, stupid, but is it demand or supply? CEPS Commentary, 24 January 2014
Data(s) |
01/01/2014
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Resumo |
Paul De Grauwe writes in this new CEPS Commentary that the recent and surprising conversion of François Hollande to supply-side economics completes the victory of the northern European policy-makers who believe that insufficient aggregate demand should be fought exclusively by supply-side measures. In his view, however, it is not the first time in post-war history that economists and policy-makers apply the wrong medicine; or to put it differently, it's akin to some generals who fight a new war by applying the strategies developed for the previous war. |
Formato |
application/pdf |
Identificador |
http://aei.pitt.edu/47318/1/PDG_Supply_or_Demand.pdf De Grauwe, Paul. (2014) Yes, it’s the economy, stupid, but is it demand or supply? CEPS Commentary, 24 January 2014. [Policy Paper] |
Relação |
http://www.ceps.be/book/yes-it%E2%80%99s-economy-stupid-it-demand-or-supply http://aei.pitt.edu/47318/ |
Palavras-Chave | #economic policy #financial crisis 2008-on/reforms/economic governance |
Tipo |
Policy Paper NonPeerReviewed |