The "Austerity Myth": Gain Without Pain?
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As governments around the world contemplate slashing budget deficits, the "expansionary fiscal consolidation hypothesis" is back in vogue. I argue that, as a statement about the short run, it should be taken with caution. I present four detailed case studies, two - Denmark and Ireland - undertaken
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美国国家经济研究局创建时间：
2011-11-01
