Willem Buiter: Fiscal Policy and Public Finance

All Citi group publications can be downloaded from Citi's Velocity website, if you can access this (restricted) website.

  1. "Extending the Expansion - Fiscal Easing With Balanced Budgets." With Pernille B. Henneberg, Oren Klachkin and Catherine L. Mann. Citi. Citi Research, Economics, Global, 5 August 2019.

  2. "The US Corporate Tax Cut Debate." With Anne C. Sibert. VoxEU, 30 May 2018.

  3. "Corporate Profit Taxes, Capital Expenditure and Real Wages: The Analytics Behind a Contentious Debate." With Anne C. Sibert. CEPR Discussion Paper 12932, May 2018. Abstract.

  4. "An Infrastructure Plan That Would Actually Work." With Dag Detter. Project Syndicate, 2 April 2018.

  5. "Who Will Be Swimming Naked When the Cyclical Tide Goes Out? Monetary and Fiscal Policy Space in Some Advanced Economies." Citi. Citi Research, Multi-Asset, Global, Global Economics View, 22 February 2018.

  6. "Corporate Profit Tax Cuts, Capital Deepening and Real Wages: Hassett v. Summers - who is right?" Citi. Citi Research, Multi-Asset, Global, Global Economics View, 22 November 2017, https://www.citivelocity.com/t/eppublic/1DCMe

  7. "Exchange Rate Implications of Border Tax Adjustment Neutrality." VoxEU, 22 March 2017.
  8. "Bad and Good 'Fiscal Theories of the Price Level'." Citi Research, Multi-Asset, Global Economics View, 17 March 2017.

  9. "Exchange Rate Implications of Border Tax Adjustment Neutrality." Citi Research, Multi-Asset, Global, Global Economics View, 22 February 2017.

  10. "How Many Financial Sector Business Models are Damaged by Low and Negative Interest Rates?" With Ebrahim Rahbari. Citi Research, Economics, Global, Global Economics View, 20 June 2016

  11. "Islamic Solution for Household Debt." Article by Jonathan Shapiro based on an interview with me. Australian Financial Review, 15 June 2016

  12. "Preventing Secular Stagnation from Bbecoming the 'New Normal': Why the Time of One-Armed Economic Policy is Gone." With Ebrahim Rahbari and Joe Seydl. Citi Research, Economics, Global, Global Economics View, 2 June 2015.

  13. "The Long-Run Decline in Advanced-Economy Investment." With Ebrahim Rahbari and Joe Seydl. Citi Research, Economics, Developed Markets, Global, Global Economics View, 11 June 2014.

  14. "Secular Stagnation: Only If We Really Ask For It." With Ebrahim Rahbari and Joe Seydl. Citi Research, Economics, Global, Global Economics View, 13 January 2014.

  15. "Why Fiscal Sustainability Matters." VoxEU, 10 January 2014.

  16. "Eurozone Crisis Demands Swift Debt Restructuring." Financial Times, Markets Insight, May 8, 2013.

  17. "Debt of Nations: Mr. Micawber’s Vindication: Causes and Consequences of Excessive Debt." With Ebrahim Rahbari. Citi GPS, Global Perspectives & Solutions, November 2012.

  18. "Excessive Debt in Rich Nations: What Happens When Sovereigns, Households and Banks Deleverage at the Same Time?" Powerpoint presentation. Debt of Nations Revisited, Lecture 1. Frederico Caffè Lectures, Rome, 13–14 December 2011.

  19. "The Debt of Nations: Prospects for Debt Restructuring by Sovereigns and Banks in Advanced Economies." CFA Institute Conference Proceedings Quarterly, vol. 28 (September 2011): 18–24. For an abstract, click here.
  20. "The Future of the Euro Area: Fiscal Union, Break-up or Blundering Ttowards a 'You Break it You Own it Europe." With Ebrahim Rahbari. Citi Economics, Global Economics View, 9 September 2011.

  21. "The Implications of Intra-Euro Area Imbalances in Credit Flows." With Ebrahim Rahbari and Juergen Michel. CEPR Policy Insight No. 57, August 2011.

  22. "The ABC of the US Triple-A Downgrade and of Others to Come." Citi Economics, Global Economics View, 9 August 2011.

  23. "Navigating the US Fiscal Swamp: Even if We Don't Fall in, It may not be Pretty." With Ebrahim Rahbari. Citi Economics, Global Economics View, 28 July 2011.

  24. "The Debt of Nations." With Ebrahim Rahbari, Juergen Michels and Giada Giani. Citi Economics, Global Economics View, 7 January 2011.

  25. "Games of Chicken Between the Monetary and Fiscal authority: Who Will Control the Deep Pockets of the Central Bank?" (long version) Citi Economics, Global Economics View , 21 July

    2010.
  26. "Games of Chicken Between the Monetary and Fiscal authority: Who Will Control the Deep Pockets of the Central Bank?" (short version) Citi Economics, Global Economics View , 21 July 2010.

  27. Citigroup Chief Economist Essay: "Getting the Global Recovery Right: Fiscal Balances, Fiscal Incentives and Key Relative Prices." Citi Economics, Global Economic Outlook and Strategy, 24 February 2010.

  28. "Establishing a New Macro-Economic Policy Regime." in Anton Hemerijck, Ben Knapen and Ellen van Doorne, eds. Aftershocks,Economic Crisis and Institutional Choice. Amsterdam: Amsterdam University Press, 2009, pp. 122–32.

  29. "Fiscal Sustainability." Paper presented at the conference Financial Regulation and Macroeconomic Stability; Key Issues for the G20, 31 January 2009, HM Treasury, London. HM Treasury and the Centre for Economic Policy Research. Published in Mathias Dewatripont, Xavier Freitas and Richard Portes eds. Macroeconomic Stability and Financial Regulation: Key Issues for the G20. Ebook: CEPR, 2009, pp. 79-90.

  30. "Is There a Case for a Further Coordinated Fiscal Stimulus?" Meeting on the theme: Are the coordinated stimulus plans working and are they effective? Should we continue with fiscal stimulus? Are there other approaches to aggregate demand management? IMAG, New York, 16–17 September 2009.

  31. "A New Chance to Raise Gilt Issuance." With Ros Altmann and Jon Moynihan. Financial Times. Leaders & Letters page, 26 June 2007.

  32. "Let Us debate Whether the UK Can be Financed With Taxes that Do not Exceed 33 Per Cent of GDP." with Anne C. Sibert. Financial Times. Leaders & Letters page, 1 November 2006.

  33. Minutes of evidence given to the Economic Affairs Committee of the House of Lords, 10 February 2004. In Monetary and Fiscal Policy: Present Successes and Future Problems. Vol. 2. Evidence, House of Lords Select Committee on Economic Affairs, Third Report of Session 2003–04, HL Paper 176-II, pp. 121–30, 11November 2004.

  34. How to reform the Stability and Growth Pact," Central Banking, vol. 13 (February 2003): 49–58.

  35. Minutes of evidence taken before the European Union Committee (Sub-Committee A) of the House of Lords, 10 December 2002. House of Lords, Select Committee on the European Union, Session 2002-03, 13th Report. The Stability and Growth Pact, with Evidence. London: Stationary Office Limited, 11 March 2003.

  36. *"Europa kan Maastricht Overleven." (Europe can survive Maastricht) Socialisme en Democratie, vol. 53, no. 7/8 (1996): 411–6.

  37. *"Two Cheers for EMU." Memorandum. House of Lords, Select Committee on the European Communities, an EMU of 'Ins and Outs.' Vol. 2, Evidence. London: HMSO, June 1996, pp. 201–5. Also in European Economic Perspectives, no. 9 (July 1996): 5–7.

  38. *"Examination of Witness, Minutes of Evidence taken before the European Communities (Sub-Committee A) of the House of Lords. Select Committee on the European Communities, an EMU of 'Ins and Outs.' Vol. 2. Evidence. London: HMSO, June 1996, pp. 206–12.

  39. "Ten Commandments for a Fiscal Rule in the E(M)U." Oxford Review of Economic Policy, vol. 19 (Spring 2003): 84–99. Abstract.

  40. "Measuring Fiscal Sustainability." Mimeo. University of Cambridge, August 1995.

  41. *"Options for UK Fiscal Policy." With David Currie. Oxford Review of Economic Policy vol. 9, no. 3 (1993).

  42. "Public Debt in the USA; How Much, How Bad and Who Pays?" Economic Growth Center Discussion Paper No. 684, March 1993.

  43. "Antwoord aan de Haas." (Reply to de Haas) Economisch Statistische Berichten, May 1992. "Moeten Wij ons Zorgen Maken Over de Fiscale Voodoo van Maastricht?" Economisch Statistische Berichten, March 1992. English version: "Should we Worry about the Fiscal Numerology of Maastricht?" Yale University Economic Growth Center Discussion Paper, no. 654, March 1992.

  44. *"The Plain Man's Guide to Fiscal and Financial Policy." With Charles R. Bean. In Conquering Unemployment: The Case for Economic Growth. Hampshire, UK: Macmillan Press, 1989.

  45. *"Comment on 'Fiscal Policy and European Economic Growth' by Paul H. Courant." In R.Z. Lawrence and C.L. Schultze, eds. Barriers to European Growth, A Transatlantic View. Washington, D.C.: Brookings Institution, 1987, pp. 492–501.

  46. "Rewarding the Profligate and Punishing the Prudent and Poor: Some Recent Proposals for Debt Relief." With T.N. Srinivasan. World Development, vol. 15 (April 1987): 411–17.

  47. *"Public Debt and Fiscal Responsibility." With Olivier J. Blanchard and R. Dornbusch. Centre for European Policy Studies Papers No. 22, 1985.
    48.

Note: If the title of a publication is preceded by an asterisk, then I don't have access to any copy (even a working paper version) that can be made available via this website. Should you be in the possession of such items, please send them to me at whb1002@gmail.com.