We compare the distributional effects of austerity measures that have been introduced in 6 EU countries in the period of large government budget deficits following the 2007-8 financial crisis and subsequent economic downturn. We explore the effects of policy changes presented as "austerity...

A term specifically found in European politics, social concertation refers to cooperation between trade unions, governments and employers in public policy-making. Social Concertation in Times of Austerity investigates the political underpinnings of social concertation in the context of European...

The Swiss debt brake served as a model for the new German budget rule. The two tools share the long-term goal of rendering fiscal policy sustainable by stabilising nominal debt as well as the short-term goal of smoothing the economic cycle. Debt brakes thus act as an automatic stabiliser within...