EIB Working Paper 2022/14 - The scarring effects of major economic downturns The role of fiscal policy and government investment
"Despite the efforts of policy makers to tackle recessions as they happen, there is ample evidence that major economic downturns produce lasting negative effects on real GDP, pointing to the existence of "economic scarring". This paper takes a fresh look at economic scarring in 26...
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| Main Author: | |
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| Format: | Electronic Book Chapter |
| Language: | English |
| Published: |
European Investment Bank
2022
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| Subjects: | |
| Online Access: | DOAB: download the publication DOAB: description of the publication |
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