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dc.contributor.authorPérez Caldentey, Estebanen_US
dc.contributor.authorVernengo, Matíasen_US
dc.description.abstractThe current economic global crisis has thrown fiscal policy onto the center stage. However, the current crisis episode has not produced any change regarding the standing role and function of fiscal policy in developed and developing market economies that has dominated the economics profession for decades. In fact, the uncertain prospects for recovery underscore the fact that free market economies lack the mechanisms to bring about and maintain full employment. Full employment requires designing and making operational institutions at the national and global levels that can manage aggregate demand. This paper reviews the evidence on current fiscal efforts around the world.en_US
dc.publisher|aUniv. of Utah, Dep. of Economics |cSalt Lake City, Utahen_US
dc.relation.ispartofseries|aWorking Paper, University of Utah, Department of Economics |x2010-02en_US
dc.subject.keywordfiscal policyen_US
dc.subject.keywordfiscal deficiten_US
dc.titleAll is quiet on the fiscal front: Fiscal policy for the global economic crisisen_US
dc.typeWorking Paperen_US

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