JEL classification

Journal of Economic Literature Classification (10696) E - Macroeconomics and Monetary Economics (1324) E6 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook (228) E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation (101)
Number of items at this level: 101.
Article
  • Agnello, Luca, Castro, Vítor, Sousa, Ricardo (2013). What determines the duration of a fiscal consolidation program? Journal of International Money and Finance, 37, 113-134. https://doi.org/10.1016/j.jimonfin.2013.05.012
  • Agnello, Luca, Castro, Vítor, Sousa, Ricardo J. (2012). How does fiscal policy react to wealth composition and asset prices? Journal of Macroeconomics, 34(3), 874-890. https://doi.org/10.1016/j.jmacro.2012.04.001
  • Arcidiacono, Peter, Aucejo, Esteban M., Hotz, V. Joseph (2016). University differences in the graduation minorities in STEM fields: evidence from California. American Economic Review, 106(3), 525-562. https://doi.org/10.1257/aer.20130626
  • Ardagna, Silvia, Caselli, Francesco (2014). The political economy of the Greek debt crisis: a tale of two bailouts. American Economic Journal: Macroeconomics, 6(4), 291-323. https://doi.org/10.1257/mac.6.4.291
  • Begg, Iain (2025). Rethinking the UK fiscal framework: lessons from elsewhere. National Institute Economic Review, https://doi.org/10.1017/nie.2025.10080 picture_as_pdf
  • Benigno, Gianluca, De Paoli, Bianca (2010). On the international dimension of fiscal policy. Journal of Money, Credit and Banking, 42(8), 1523 - 1542. https://doi.org/10.1111/j.1538-4616.2010.00352.x
  • Besley, Timothy, Persson, Torsten (2014). Why do developing countries tax so little? Journal of Economic Perspectives, 28(4), 99-120. https://doi.org/10.1257/jep.28.4.99
  • Besley, Timothy, Persson, Torsten (2009). The origins of state capacity: property rights, taxation and politics. American Economic Review, 99(4), 1218-1244. https://doi.org/10.1257/aer.99.4.1218
  • Bowen, Alex, Stern, Nicholas (2010). Environmental policy and the economic downturn. Oxford Review of Economic Policy, 26(2), 137-163. https://doi.org/10.1093/oxrep/grq007
  • Cambell, John Y., Nosbusch, Yves (2007). Intergenerational risksharing and equilibrium asset prices. Journal of Monetary Economics, 54(8), 2251-2268. https://doi.org/10.1016/j.jmoneco.2007.07.002
  • Cantore, Cristiano, Leonardi, Edoardo (2025). Monetary-fiscal interaction and the liquidity of government debt. European Economic Review, 173, https://doi.org/10.1016/j.euroecorev.2025.104979 picture_as_pdf
  • Caselli, Francesco (1997). On the distribution of debt and taxes. Journal of Public Economics, 65(3), 367-386. https://doi.org/10.1016/S0047-2727(97)00019-4
  • Cloyne, James, Dimsdale, Nicholas, Postel-Vinay, Natacha (2024). Taxes and growth: new narrative evidence from interwar Britain. Review of Economic Studies, 91(4), 2168 - 2200. https://doi.org/10.1093/restud/rdad081 picture_as_pdf
  • Codogno, Lorenzo, Corsetti, Giancarlo (2022). Debt sustainability analysis is back. Sudden shifts in underlying factors may push high-debt countries into a bad equilibrium. Economia Italiana, 2022(2), 121 - 142. picture_as_pdf
  • Céspedes, Luis Felipe, Parrado, Eric, Velasco, Andres (2014). Fiscal rules and the management of natural resource revenues: the case of Chile. Annual Review of Resource Economics, 6(1), 105-132. https://doi.org/10.1146/annurev-resource-100913-012856
  • De Grauwe, Paul, Foresti, Pasquale (2020). Animal spirits and fiscal policy. Journal of Economic Behavior & Organization, 171, 247 - 263. https://doi.org/10.1016/j.jebo.2020.01.015 picture_as_pdf
  • Dimakopoulou, Vasiliki, Economides, George, Philippopoulos, Apostolis (2025). Repayment of EU bailout loans in a member-country of the ES: the case of Greece. Open Economies Review, https://doi.org/10.1007/s11079-025-09822-8 picture_as_pdf
  • Drazen, Allan, Ilzetzki, Ethan (2023). Kosher pork. Journal of Public Economics, 227, https://doi.org/10.1016/j.jpubeco.2023.105001 picture_as_pdf
  • Duval-Hernández, Robert, Fang, Lei, Ngai, L. Rachel (2023). Taxes, subsidies, and gender gaps in hours and wages. Economica, 90(358), 373 - 408. https://doi.org/10.1111/ecca.12466 picture_as_pdf
  • Garofalo, Pablo (2020). Strategic debt and unified governments: evidence from Latin American presidential transitions. Economía, 20(2), 97 - 126. https://doi.org/10.1353/eco.2020.0004 picture_as_pdf
  • Hepburn, Cameron, O'Callaghan, Brian, Stern, Nicholas, Stiglitz, Joseph, Zenghelis, Dimitri (2020). Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change? Oxford Review of Economic Policy, 36(Supplement_1), S359 - S381. https://doi.org/10.1093/oxrep/graa015 picture_as_pdf
  • Ilzetzki, Ethan (2011). Rent-seeking distortions and fiscal procyclicality. Journal of Development Economics, 96(1), 30-46. https://doi.org/10.1016/j.jdeveco.2010.07.006
  • Ilzetzki, Ethan (2024). Learning by necessity: government demand, capacity constraints, and productivity growth. American Economic Review, 114(8), 2436 – 2471. https://doi.org/10.1257/aer.20230033 picture_as_pdf
  • Ilzetzki, Ethan, Thysen, Heidi (2024). Fiscal rules and market discipline. IMF Economic Review, https://doi.org/10.1057/s41308-024-00265-8 picture_as_pdf
  • Kaplan, Greg, Moll, Benjamin, Violante, Giovanni L. (2018). Monetary policy according to HANK. American Economic Review, 108(3), 697 - 743. https://doi.org/10.1257/aer.20160042
  • Kleven, Henrik Jacobsen, Thustrup Kreiner, Claus (2003). The role of taxes as automatic destabilizers in New Keynesian economics. Journal of Public Economics, 87(5-6), 1123-1136. https://doi.org/10.1016/S0047-2727(01)00139-6
  • Komatsuzaki, Takuji (2024). Fiscal consolidation and income inequality in Latin America and the Caribbean. Economía, 23(1), 74 – 88. https://doi.org/10.31389/eco.437 picture_as_pdf
  • Lenoël, Cyrille, Macchiarelli, Corrado, Young, Garry (2022). Greece 2010–18 what could have been done differently? Open Economies Review, https://doi.org/10.1007/s11079-022-09672-8
  • Lichi, Alia, Shibata, Ippei, Tanyeri, Kadir (2021). Fiscal policy multipliers in small states. Economía, 21(2), 69 - 114. https://doi.org/10.31389/eco.226 picture_as_pdf
  • McKay, Alisdair, Reis, Ricardo (2021). Optimal automatic stabilizers. Review of Economic Studies, 88(5), 2375 - 2406. https://doi.org/10.1093/restud/rdaa038 picture_as_pdf
  • McKay, Alisdair, Reis, Ricardo (2016). The role of automatic stabilizers in the U.S. business cycle. Econometrica, 84(1), 141 - 194. https://doi.org/10.3982/ECTA11574
  • Meyer, Henning (2011). Now we have a European growth crisis. Guardian,
  • Michaillat, Pascal (2014). A theory of countercyclical government multiplier. American Economic Journal: Macroeconomics, 6(1), 190-217. https://doi.org/10.1257/mac.6.1.190
  • Mirrlees, J., Adam, S., Besley, T., Blundell, R., Bond, S., Chote, R., Gammie, M., Johnson, P., Myles, G., Poterba, J. (2013). The Mirrlees review: a proposal for systematic tax reform. National Tax Journal, 65(3), 655-684.
  • Morales, Leonardo Fabio, Medina, Carlos (2017). Assessing the effect of payroll taxes on formal employment: the case of the 2012 tax reform in Colombia. Economía, 18(1), 75 - 124. https://doi.org/10.31389/eco.52 picture_as_pdf
  • Reis, Ricardo (2022). Debt revenue and the sustainability of public debt. Journal of Economic Perspectives, 36(4), 103-124. https://doi.org/10.1257/jep.36.4.103 picture_as_pdf
  • Rodríguez-Pose, Andrés, Gerritse, Michiel (2018). Does federal contracting spur development? Federal contracts, income, output, and jobs in US cities. Journal of Urban Economics, 107, 121-135. https://doi.org/10.1016/j.jue.2018.07.002
  • Webb, David C. (2011). Book review: balancing the banks: global lessons from the financial crisis. Review 2. The Economic Journal, 121(550), F111-F118. https://doi.org/10.1111/j.1468-0297.2010.02418.x
  • de Grauwe, Paul, Foresti, Pasquale (2016). Fiscal rules, financial stability and optimal currency areas. Economics Letters, 145(C), 278-281. https://doi.org/10.1016/j.econlet.2016.07.010
    • Chapter
  • Ahmad, Ehtisham, Garcia-Escribano, Mercedes (2011). Constraints to effective fiscal decentralization in Peru. In Martinez-Vazquez, Jorge, Vaillancourt, François (Eds.), Decentralization in Developing Countries: Global Perspectives on the Obstacles to Fiscal Devolution (pp. 155-185). Edward Elgar.
  • Hills, John (2013). Safeguarding social equity during fiscal consolidation: which tax bases to use? In Princen, Savina, Mourre, Gilles (Eds.), The Role of Tax Policy in Times of Fiscal Consolidation (pp. 80-93). European Commission. https://doi.org/10.2765/54257
  • Reis, Ricardo (2025). Medium and long-run trends in interest rates: causes and implications for monetary policy. In Bauduco, S, García Schmidt, M., Mian, A., Villacorta, L. (Eds.), Medium and long-run trends in interest rates: causes and implications for monetary policy . Banco Central de Chile. picture_as_pdf
  • Reis, Ricardo, Velasco, Andres (2025). Fiscal policy and public debt. In Besley, Tim, Bucelli, Irene, Velasco, Andrés (Eds.), The London Consensus: Economic Principles for the 21st Century (pp. 197 - 217). LSE Press. https://doi.org/10.31389/lsepress.tlc.f picture_as_pdf
    • Online resource
  • Ali, Mona (2018). Brexit and the reemergence of the balance of payments as a policy constraint. picture_as_pdf
  • Ilzetzki, Ethan, Cunningham, Tom (2010). LSE centre for economic performance – macroeconomics and public finance: the worst is yet to come.
  • Tanner, Will (2012). The concept of Open Public Services is being restricted by a focus on mutuals at the expense of large providers.
    • Working paper
  • Alloza, Mario (2016). Is fiscal policy more effective in uncertain times or during recessions? (CFM discussion paper series CFM-DP2016-31). Centre For Macroeconomics.
  • Alloza, Mario (2016). The impact of taxes on income mobility. (CFM discussion paper series CFM-DP2016-32). Centre For Macroeconomics.
  • Altube, Matias Guizzo, Scartascini, Carlos, Tommasi, Mariano (2023). The political economy of redistribution and (in)efficiency in Latin America and the Caribbean. (III Working Papers 114). International Inequalities Institute, London School of Economics and Political Science. https://doi.org/10.21953/lse.7n4aocvr7l29 picture_as_pdf
  • Apergis, Nicholas, Cooray, Arusha (2013). New evidence on the remedies of the Greek sovereign debt problem. (GreeSE: Hellenic Observatory papers on Greece and Southeast Europe 79). Hellenic Observatory, London School of Economics and Political Science.
  • Ardagna, Silvia, Caselli, Francesco, Lane, Timothy (2005). Fiscal discipline and the cost of public debt service: some estimates for OECD countries. London School of Economics and Political Science. Centre for Economic Performance.
  • Ardagna, Silvia, Caselli, Francesco, Lane, Timothy (2004). Fiscal discipline and the cost of public debt service: some estimates for OECD countries. Centre for Economic Policy Research (Great Britain).
  • Balke, Neele L., Ravn, Morten O. (2016). Time-consistent fiscal policy in a debt crisis. (CFM discussion paper series CFM-DP2016-38). Centre For Macroeconomics.
  • Bandyopadhyay, Sanghamitra (2003). Convergence club empirics: some dynamics and explanations of unequal growth across Indian states. (DARP 69). Suntory and Toyota International Centres for Economics and Related Disciplines.
  • Begg, Iain (2008). Economic governance in an enlarged euro area. (European Economy. Economic Papers 311). European Commission Directorate-General for Economic and Financial Affairs.
  • Benigno, Gianluca, De Paoli, Bianca (2009). On the international dimension of fiscal policy. (CEP Discussion Paper 905). London School of Economics and Political Science. Centre for Economic Performance.
  • Bowen, Alex, Stern, Nicholas (2010). Environmental policy and the economic downturn. (Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment 16). Centre for Climate Change Economics and Policy and Grantham Research Institute on Climate Change and the Environment.
  • Brosamle, Klaus, Wenzel, Heinz-Dieter, Lackenbauer, Jorg (2004). Public debt and the future of the EU's stability and growth pact. (BERG working paper series on government and growth 50). Berg (Firm).
  • Cannon, Edmund, Tonks, Ian (2003). UK annuity rates and pension replacement ratios 1957-2002. (Financial Markets Group Discussion Papers 444). Financial Markets Group, The London School of Economics and Political Science.
  • Caselli, Francesco, Michaels, Guy (2009). Do oil windfalls improve living standards?: evidence from Brazil. (CEP Discussion Paper 960). London School of Economics and Political Science. Centre for Economic Performance.
  • Cloyne, James (2014). Government spending shocks, wealth effects and distortionary taxes. (CFM discussion paper series CFM-DP2014-13). Centre For Macroeconomics.
  • Cooper, Luke (2025). Russo-Ukrainian war: the political economy of the present balance of forces. (PeaceRep Report). PeaceRep: The Peace and Conflict Resolution Evidence Platform, University of Edinburgh. picture_as_pdf
  • Corsetti, Giancarlo, Mavroeidi, Eleonora, Thwaites, Gregory, Wolf, Martin (2017). Step away from the zero lower bound: Small open economies in a world of secular stagnation. (CFM discussion paper series CFM-DP2017-22). Centre For Macroeconomics.
  • Cunha, Alexandre B., Ornelas, Emanuel (2014). Political competition and the limits of political compromise. (CEP Discussion Papers CEPDP1263). London School of Economics and Political Science. Centre for Economic Performance.
  • Céspedes, Luis Felipe, Velasco, Andres (2013). Was this time different? Fiscal policy in commodity republics. (NBER Working Paper 19748). National Bureau of Economic Research. https://doi.org/10.3386/w19748
  • Diniz, Andre, Guimaraes, Bernardo (2017). How diabolic is the sovereign-bank loop? The effects of post-default fiscal policies. (CFM discussion paper series CFM-DP2017-05). Centre For Macroeconomics.
  • Duque, Magali, Mcknight, Abigail (2019). Understanding the relationship between inequalities and poverty: mechanisms associated with crime, the legal system and punitive sanctions. (CASEpapers 215). Centre for Analysis of Social Exclusion. picture_as_pdf
  • Duval-Hernandez, Robert, Fang, Lei, Ngai, L. Rachel (2018). Social subsidies and marketization - the role of gender and skill. (CFM Discussion Paper Series CFM-DP2018-04). Centre For Macroeconomics.
  • Economides, George, Koliousi, Giota, Miaouli, Natasha, Philippopoulos, Apostolis (2024). From debt arithmetic to fiscal sustainability and fiscal rules: taking stock and policy lessons. (GreeSE Papers: Hellenic Observatory Discussion Papers on Greece and Southeast Europe 194). Hellenic Observatory, London School of Economics and Political Science. picture_as_pdf
  • Ellison, Martin, Scott, Andrew (2017). Managing the UK National Debt 1694-2017. (CFM discussion paper series CFM-DP2017-27). Centre For Macroeconomics.
  • Faguet, Jean-Paul (2011). Impacts and consequences of the new regime of autonomies in Bolivia: elements for duscussion. (Policy briefs). Inter-American Development Bank.
  • Faraglia, Elisa, Marcet, Albert, Scott, A. (2011). In search of a theory of debt management. (CEP Discussion Papers CEPDP1083). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Galli, Carlo (2019). Self-fulfilling debt crises, fiscal policy and investment. (CFM discussion paper series CFM-DP2019-04). Centre For Macroeconomics, London School of Economics and Political Science. picture_as_pdf
  • Gerba, Eddie, Schelkle, Waltraud (2014). Household finance and the welfare state: a case study of the United States, 1980-­2010. London School of Economics and Political Science.
  • Giavazzi, Francesco, Mcmahon, Michael (2012). The household effects of government spending. (CEP Discussion Papers CEPDP1120). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Gomes, Francisco, Michaelides, Alexander (2003). Aggregate implications of defined benefit and defined contribution systems. (Financial Markets Group Discussion Papers 469). Financial Markets Group, The London School of Economics and Political Science.
  • Goodhart, C. A. E., Hudson, Michael, Kumhof, Michael, Tideman, Nicolaus (2021). Post-Corona balanced-budget super-stimulus: the case for shifting taxes onto land. (CEPR discussion paper series DP16652). Centre for Economic Policy Research (Great Britain).
  • Goodhart, Charles, Hudson, Michael (2018). Could/should jubilee debt cancellations be reintroduced today? (Discussion papers DP12605). Centre for Economic Policy Research (Great Britain). picture_as_pdf
  • Guimaraes, Bernardo (2015). Demand expectations and the timing of stimulus policies. (CFM discussion paper series CFM-DP2015-03). Centre For Macroeconomics.
  • Guimaraes, Bernardo, Machado, Caio, Ribeiro, Marcel (2014). A model of the confidence channel of fiscal policy. (CFM discussion paper series CFM-DP2014-26). Centre For Macroeconomics, London School of Economics and Political Science.
  • Hilscher, Jens, Raviv, Alon, Reis, Ricardo (2022). How likely is an inflation disaster? (CEPR Press Discussion Paper 17224). Centre for Economic Policy Research (Great Britain).
  • Kotsogiannis, Christos, Mateos-Planas, Xavier (2019). Tax evasion as contingent debt. (CFM discussion paper series CFM-DP2019-03). Centre For Macroeconomics, London School of Economics and Political Science. picture_as_pdf
  • Laczo, Sarolta, Rossi, Raffaele (2015). Time-consistent consumption taxation. (CFM discussion paper series CFM-DP2015-08). Centre For Macroeconomics.
  • Lenoël, Cyrille, Macchiarelli, Corrado, Young, Garry (2022). Greece 2010-18 what could we have done differently? (GreeSE Papers: Hellenic Observatory Papers on Greece and Southeast Europe 172). Hellenic Observatory, London School of Economics and Political Science. picture_as_pdf
  • Lustig, Nora, Martinez Pabon, Valentina, Pessino, Carola (2023). Fiscal policy, income redistribution, and poverty reduction in Latin America. (III Working Papers 115). International Inequalities Institute, London School of Economics and Political Science. https://doi.org/10.21953/lse.exv0jttoipn4 picture_as_pdf
  • McKay, Alisdair, Reis, Ricardo (2016). Optimal automatic stabilizers. (Discussion Paper Series 11337). Centre for Economic Policy Research (Great Britain).
  • McKay, Alisdair, Reis, Ricardo (2016). Optimal automatic stabilizers. (Working Paper Series 22359). National Bureau of Economic Research.
  • McKay, Alisdair, Reis, Ricardo (2016). Optimal automatic stabilizers. (CFM discussion paper series CFM-DP2016-18). Centre For Macroeconomics.
  • Michaillat, Pascal (2011). Fiscal multipliers over the business cycle. (Discussion Paper 1115). Centre for Economic Policy Research (Great Britain).
  • Michaillat, Pascal (2012). Fiscal multipliers over the business cycle. (CEP Discussion Papers CEPDP1115). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Michaillat, Pascal (2012). A theory of countercyclical government-consumption multiplier. (Working paper series). Social Science Research Network.
  • Olivera, Javier, Schokkaert, Erik, van Kerm, Philippe (2024). The role of information in eliciting support for inheritance taxation. (III Working Paper 157). International Inequalities Institute, London School of Economics and Political Science. picture_as_pdf
  • Porcelli, Francesco, Trezzi, Riccardo (2014). Shake me the money! (CFM discussion paper series CFM-DP2014-18). Centre For Macroeconomics.
  • Reis, Ricardo (2021). The constraint on public debt when r < g but g < m. (BIS Working Papers 939). Bank for International Settlements.
  • Reis, Ricardo (2021). The constraint on public debt when r < g but g < m. (CEPR Press Discussion Paper 15950). Centre for Economic Policy Research (Great Britain).
  • Stewart, Kitty, Patrick, Ruth, Reeves, Aaron (2023). The sins of the parents: conceptualising adult-oriented reforms to family policy. (CASEpapers CASE 228). Centre for Analysis of Social Exclusion. picture_as_pdf
  • Teulings, Coen (2016). Secular stagnation, rational bubbles, and fiscal policy. (CFM discussion paper series CFM-DP2016-28). Centre For Macroeconomics.
  • Vlamis, Prodromos (2013). Greek fiscal crisis and repercussions for the property market. (GreeSE: Hellenic Observatory papers on Greece and Southeast Europe 76). Hellenic Observatory, London School of Economics and Political Science.
  • Wills, Samuel (2014). Optimal monetary responses to oil discoveries. (CFM discussion paper series CFM-DP2014-8). Centre For Macroeconomics.
  • Yang, Lin (2018). The relationship between poverty and inequality: resource constraint mechanisms. (CASEpapers 211). Centre for Analysis of Social Exclusion. picture_as_pdf
  • d’Alessandro, Antonello, Fella, Giulio, Melosi, Leonardo (2018). Fiscal stimulus with learning-by-doing. (CFM Discussion Paper Series CFM-DP2018-18). Centre For Macroeconomics, London School of Economics and Political Science. picture_as_pdf