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哈佛经济系主任突发离世, 新政治经济学之父, 诺奖得主克鲁格曼死对头, “博科尼男孩”中坚人物!
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截至2020年4月,在公共经济学领域中,Alesina位列第七位。
路透社曾经预测过谁会得到诺贝尔经济学奖,Alesina赫然在列,主要因为他在政治和宏观经济两者关系的分析中的开创性贡献。
政治经济周期
财政政策和预算赤字的政治经济学
欧洲一体化的过程
高通胀国家的稳定政策
货币联盟
重新分配政策的政治经济决定因素
美国和欧洲福利国家的差异
美国和欧洲经济体系的差异
替代选举制度对经济政策的影响
确定不同选举制度的选择
凯恩斯主义的坚定反对者,就扩张性紧缩(expansionary austerity)与2008年诺贝尔经济学奖得主克鲁格曼Paul Krugman多次互怼
Russ: I just have to quote–I have to give you two quotes here. One is from Paul Krugman, in November of 2015. And the second is Paul Krugman in April of 2015. Here’s the first one: “The doctrine of expansionary austerity–the proposition that cuts in government spending would actually cause higher growth despite their direct negative impact on demand, thanks to the confidence fairy–was all the rage in policy circles five years ago. But it brutally failed the reality test; instead, the evidence pointed overwhelmingly to the continued existence of something very like the old-fashioned Keynesian multiplier.” The second one is even more pointed: “Meanwhile, all of the economic research that allegedly supported the austerity push has been discredited. Widely touted statistical results were, it turned out, based on highly dubious assumptions and procedures–plus a few outright mistakes–and evaporated under closer scrutiny. It is rare, in the history of economic thought, for debates to get resolved this decisively. The austerian ideology that dominated elite discourse five years ago has collapsed, to the point where hardly anyone still believes it. Hardly anyone, that is, except the coalition that still rules Britain–and most of the British media. Alesina: Well, I think Paul Krugman has rather extreme views. But more importantly, he talks about his views as if they were obviously true, and anybody who would disagree with him was obviously wrong. And he exaggerates. And that I really prefer not to go into a discussion about his quotes. But I think that the idea that the work about austerity that I and others have done has been discredited is wrong. In fact, the IMF, in 2010 wrote a rather pointed criticism about my work, in particular about two points: one, whether spending cuts were less much less costly than tax increases in terms of austerity policy. And when everything, after everything was said and done and written, even the IMF acknowledged–had to conclude that this was indeed the case: that spending cuts were much less costly than tax increases. Now, the reason that not completely clear to me they seemed to underscore this message of their own work was, if you read the published paper of this IMF research, you will conclude that they also agree with this conclusion. Which is the fundamental result about austerity, on which my work is based. So on this point, actually, I think Krugman is completely wrong. I think there is uncontroversial evidence that spending cuts are much less costly than tax increases. And this point is exactly the opposite. Now, the second point is whether there are cases where spending cuts accompanied by other policies can be expansionary, and the confidence argument that he makes fun of is actually confidence, one of the many aspects; and we can elaborate on that. But I think that there are several episodes in which fiscal spending cuts have been accompanied not by a recession, but by an expansion. So, I think that those kind of statements by Krugman are trying to push a view which is respectable but they are not proven by the facts. Or at least they are not supported by research.
1987. "Macroeconomic Policy in a Two-Party System as a Repeated Game," Quarterly Journal of Economics, 102(3), p pp. 651–678. 1988b. "Macroeconomics and Politics," NBER Macroeconomics Annual 1988, Volume 3, pp. 13–62. 1991. "Why Are Stabilizations Delayed?" (with Allan Drazen), American Economic Review, 81(5), pp. 1170–1188. 1993. "Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence" (with Lawrence H. Summers), Journal of Money, Credit and Banking, 25(2), p pp. 151–162. 1994. "Distributive Politics and Economic Growth" (with Dani Rodrik), Quarterly Journal of Economics, 109(2), p pp. 465–490. 1995. "The Political Economy of Budget Deficits" (with Roberto Perotti), IMF Staff Papers, 42(1), pp. pp. 1–31. 1996a. "Political Instability and Economic Growth" (with Sule Özler et al.), Journal of Economic Growth, 1(2), p pp. 189–211. 1996b. "Income Distribution, Political Instability, and Investment," (with Roberto Perotti), European Economic Review, 40(6), pp. 1203–1228. Abstract. 1997. "On the Number and Size of Nations" (with Enrico Spolaore), Quarterly Journal of Economics, 112(4), p pp. 1027–1056. 1999. "Public Goods and Ethnic Divisions" (with Reza Baqir & William Easterly), Quarterly Journal of Economics, 114(4), pp. 1243–1284.[permanent dead link] 2000a. "Who Gives Foreign Aid to Whom and Why?" (with David Dollar), Journal of Economic Growth, 5(1), p pp. 33–63. 2000b. "Participation in Heterogeneous Communities" (with Eliana La Ferrara), Quarterly Journal of Economics, 115(3), p pp. 847–904. 2002a. "Who Trusts Others?" Journal of Public Economics, 85(2), pp. 207–234 (close Pages tab). 2002b. "Fiscal Policy, Profits, and Investment" (with Silvia Ardagna et al.), American Economic Review, 92(3), pp. 571–589. 2003. "Fractionalization" (with Arnaud Devleeschauwer et al.), Journal of Economic Growth, 8(2), p pp. 155–194. 2004. "Inequality and Happiness: Are Europeans and Americans Different?" (with Rafael Di Tellab and Robert MacCulloch), Journal of Public Economics, 88(9–10), pp. 2009–2042 (close Bookmarks tab). 2005a. "International Unions" (with Ignazio Angeloni and Federico Etro), American Economic Review, 95(3), p pp. 602–615. 2005b. "Ethnic Diversity and Economic Performance" (with Eliana La Ferrara), Journal of Economic Literature, 43(3), pp. 762–800. 2007:3. "Political Economy," NBER Reporter, pp. 1–5 (press +). 2010. "Large Changes in Fiscal Policy: Taxes versus Spending" (with Silvia Ardagna), in J. R. Brown, ed., Tax Policy and the Economy, v. 24, ch. 2, pp. 35–68. doi:10.1086/649828 2015. "The Output Effect of Fiscal Consolidations" (with Carlo Favero and Francesco Giavazzi), Journal of International Economics, vol 96, pages S19-S42. doi:10.1016/j.jinteco.2014.11.003 2016. "Ethnic Inequality" (with Stelios Michalopoulos and Elias Papaioannou), Journal of Political Economy, vol. 124(2), pages 428-488 doi:10.1086/685300 2016. "Birthplace Diversity and Economic Prosperity" (with Johann Harnoss and Hillel Rapoport), Journal of Economic Growth, vol. 21(2), pages 101-138 doi:10.1007/s10887-016-9127-6 经济学界为Alesina悼念: 包括其同事Dani Rodrik,IMF前首席经济学家Olivier Blanchard等。
https://ideas.repec.org/top/top.pol.html#authors https://ideas.repec.org/top/top.pbe.html#authors https://scholar.harvard.edu/alesina/publications http://blogs.reuters.com/macroscope/2010/09/21/who-will-win-this-years-nobel-prize-for-economics/
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