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Are Countercyclical Fiscal Policies Counterproductive?

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NBER2005-12-01 更新2025-01-04 收录
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Economists generally believe that countercyclical fiscal policies have stabilizing effects that work through automatic stabilizers and discretionary actions. Analyses underlying this conventional wisdom focus on intratemporal margins: how employment and personal income respond in the short run to

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2005-12-01
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