New BIS Working Papers

Long-term fiscal sustainability in major economies, by Alan J Auerbach, Working Papers No 361, December 2011
The “Austerity myth”: Gain Without Pain?, by Roberto Perotti Working Papers No 362, December 2011
The Liquidation of Government Debt, by Carmen M. Reinhart and M. Belen Sbrancia, Working Papers No 363, December 2011
Perceptions and misperceptions of fiscal inflation, by Eric M. Leeper and Todd B. Walker, Working Papers No 364, December 2011
Was This Time Different?: Fiscal Policy in Commodity, by Luis Felipe Céspedes and Andrés Velasco, Working Papers No 365, December 2011

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