We asked economic experts polled by the CESifo World Economic Survey how to handle the fiscal crisis in Greece in the …-level characteristics, especially credit default swaps as a measure of fiscal stability, predict views on whether Greece should exit the …

Scholars have been active in investigating causes and consequences of austerity policies. We examine how economists use … the term “austerity” in scientific studies and measure austerity in empirical analyses. The sample includes around 3 … austerity is often used in heterodox journals. Papers published in mainstream journals use the term “fiscal consolidation …

Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as … to austerity since 2010. In addition to exploiting data from the population of all electoral contests in the UK since … have resulted in a Remain victory had it not been for a range of austerity-induced welfare reforms. Further, auxiliary …

emissions. This paper documents that large-scale austerity, coupled with barriers to flows of data and a lack of (digital … through a regression discontinuity design in the early 2010s, we find that both the extent of austerity-induced local budget … would have taken place had it not been for austerity. …

What are the effects of austerity on distributional policy? We exploit the autonomy of Italian municipalities in setting … non-linear income taxes and the exogenous introduction of a fiscal rule to show that austerity increases tax progressivity …. Consistent with this evidence, we find that in a panel of countries austerity correlates with higher marginal tax rates on top …