Timing is everything: Fiscal consolidation during depression

Episode 7,  Sep 15, 2012, 07:41 AM

John Van Reenen interviewed by Viv Davies, 15 September 2012

John Van Reenen talks to Viv Davies about fiscal consolidation during a depression. They discuss Van Reenen's recent work on quantifying the costs and benefits of delaying austerity measures until recovery is clearly established. They also discuss whether austerity has gone too far. Van Reenen presents the case for a more federal Europe. The interview was recorded at the LSE on 13 September 2012.