Economic crisis and financial and fiscal decisions

Crises économiques et décisions financières et fiscales

Jean-Marie Monnier ()
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Jean-Marie Monnier: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: Four episodes of economic crisis have had a particularly significant impact on economic activity since the 1980s. Three of these crises have had a significant financial dimension, the fourth is atypical. However, they have all had a high fiscal cost. The article focuses on the management of the fiscal constraint and its impact on public debt as a result of these four crises and shows a cumulative impact.

Keywords: Fiscal constraint; Economic crisis; public debt; Contrainte budgétaire; crise économique; dette publique (search for similar items in EconPapers)
Date: 2022
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Published in G&FP - Gestion & finances publiques : la revue, 2022, n°1-2022, pp.24-31

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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-03515787

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