Aiginger, Karl; Schratzenstaller, Margit - In: Intereconomics : review of European economic policy 46 (2011) 1, pp. 36-42
There is evidence that a budget consolidation strategy can work with only a small and shortlived negative impact on growth. However, many countries are currently trying to consolidate at the same time as firms and consumers are deleveraging. We develop ten guidelines for consolidation during...
