This book discusses the often overlooked future of fiscal policy in light of what we have learned from the financial crisis. This book is for academics and graduate students studying the debate on fiscal policy, as well as practitioners working on day-to-day policy issues.

After the financial crisis, what important lessons can we learn from fiscal policy? This book provides an answer to this question.

'In this collection of essays, some of the most prominent economists in the field analyse fiscal policy issues today. The resulting book is of excellent academic quality, touching on topical subjects relevant to both academic and policy circles.' Evi Pappa, European University Institute, Florence