As Willem Buiter of the London School of Economics puts it, only fiscal conservatives can use counter-cyclical fiscal policy well.

伦敦大学的经济学家Willem Buiter指出，只有财政保守人士才可以让反周期波动的财政政策运行良好。

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Do countries have more room to use counter-cyclical fiscal policy than they used to?

第一，与过去比较，各国现在实行反周期财政政策的空间是否更大？

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Abstract: Based on the civilian-run education is a case of "counter-cyclical" industry, is a typical policy-sensitive sectors.

摘要：摘要：基于民办教育是典型的“反周期”行业，也是典型的政策敏感型行业。

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The macroeconomy has a long-run equilibrium natural rate of unemployment and GDP from which unanticipated counter-cyclical policy can scarcely nudge the economy.

FORBES: Thomas Sargent, Rational Expectations And The Keynesian Consensus

Even those that could perhaps afford to run a counter-cyclical policy to offset the effects of the downturn are squeezing public finances in part because they think that cutting deficits will help them reach the (presumed) safety of the euro zone.

ECONOMIST: Eastern Europe

In any case, if counter-cyclical fiscal policy is to work, speed is crucial.

ECONOMIST: Economics focus: Remember fiscal policy? | The