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Multilateral Economic Cooperation and the International Transmission of Fiscal Policy

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NBER2011-12-01 更新2025-01-04 收录
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During the global financial crisis 2007-2009 fiscal policy was widely used as a stabilization tool. Policymakers allowed a large build-up of public debt resulting from both automatic and discretionary expansionary measures. At the same time, calls for policy coordination stressed that international

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2011-12-01
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