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Six myths and few facts, Recovery of the Icelandic economy post October 2008

Þórólfur Matthíasson

Nordic Journal of Political Economy2015article
ABDC C
Weight
0.44

What the paper says

The relative success of the Icelandic road to recovery in the wake of the 2008 Financial Crisis has been a source of some myth-making. This paper discusses to which extent Iceland refused to bail out bankers and sheltered the sovereign from financial losses. I also argue that Iceland responded to the crisis by Keynesian expansionary policy rather than austerity. Furthermore, I argue that the debt-relief program that the government initiated also was a key factor in cushioning the effect of the collapse of the Icelandic financial system.

3 citations

Cite this paper

@article{þórólfur2015,
  title        = {{Six myths and few facts, Recovery of the Icelandic economy post October 2008}},
  author       = {Þórólfur Matthíasson},
  journal      = {Nordic Journal of Political Economy},
  year         = {2015},
}

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Six myths and few facts, Recovery of the Icelandic economy post October 2008

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Evidence weight

0.44

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.46 × 0.4 = 0.18
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.