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Uncertain Fiscal Consolidations

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NBER2012-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17844
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The paper explores the macroeconomic consequences of fiscal consolidations whose timing and composition are uncertain. Drawing on the evidence in Alesina and Ardagna (2010), we emphasize whether or not the fiscal consolidation is driven by tax rises or expenditure cuts. We find that the composition
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2012-02-01
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