The Output Costs of Fiscal Consolidation: Business Cycles and Low-Rate Policy Regimes

Karan Bhasin; Prakash Loungani; Alan Lujan

The Output Costs of Fiscal Consolidation: Business Cycles and Low-Rate Policy Regimes

2026 · Karan Bhasin, Prakash Loungani, Alan Lujan

Citation

Bhasin, Karan, Prakash Loungani, and Alan Lujan. 2026. “The Output Costs of Fiscal Consolidation: Business Cycles and Low-Rate Policy Regimes.” Working Paper.