Public debt-to-GDP ratios have undergone substantial fluctuations over both the short and long term. Most recently …. Discretionary fiscal policy changes, in turn, account for less than 20% of the observed changes. The analysis also finds the primary …

a very different view on fiscal policy: in order to cope with the next economic crisis, resulting from the coronavirus … models that made up NCM, fiscal policy played no role – or, to be more precise, fiscal policy had to follow a balanced … of 90% of GDP as a threshold level for public debt which, if exceeded, would harm economic growth, leaving fiscal …

avoided, and on a possible reinvented role for fiscal policy in deep economic crisis. …Since the Global Financial Crisis in 2008-2009, there has been flourishing literature on the role of fiscal policy in …

a very different view on fiscal policy: in order to cope with the next economic crisis, resulting from the coronavirus … models that made up NCM, fiscal policy played no role - or, to be more precise, fiscal policy had to follow a balanced … of 90% of GDP as a threshold level for public debt which, if exceeded, would harm economic growth, leaving fiscal …

This paper shows that important insights for fiscal policy can be derived from Joseph Schumpeter's academic work. This … role in economic development. For fiscal policy, this results in the model of the "entrepreneurial state" (Mazzucato) as an …